Archive for Tag: NIFTY

Sensex crosses 40,000 for 1st time as Lok Sabha election result trends show BJP+ returning to power

Election euphoria made our benchmarks break into new territory. SENSEX moved past 40K and NIFTY crossed 12K for the first time. Though this happened intraday as BJP gets a clear number which brought clarity that aggressive reforms will continue. As the election news becomes a non-event very soon after...

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Shifting of Crude Oil pain

In early October this year the emerging economies predominantly India was worried about crude increasing rapidly on its price. Many of analyst expectations that it will not go beyond $63 went wrong, it moved past $80 and there were pessimists in the forefront talking that it will soon cross $100 and...

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FM’s thoughts on Oil & Loan Waiver

Jaitley’s talk at the ET awards, “Users should pay for oil… else fiscal deficit will rise and add to the current account deficit. It will push up inflation, weaken rupee. Tax on fuel prices should come down not by creating fiscal deficit, but through an increase in the non-oil...

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