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The market that was While the broader NIFTY index was flat in the month of June (-0.2%), the weakness was more pronounced in Midcaps (Index down -3.8%) and small caps even further. Similar trend has been witnessed throughout this year. On a YTD basis, while Nifty is up 1.7%, Midcap index is down 14% and […]

Equity Markets Round Up  Moody”s upgraded India”s sovereign rating to Baa2 with a stable outlook citing expectations that progress on economic and institutional reforms will enhance growth potential and government finances and result in a decline of the government’s debt burden.  During the month, Defensive sectors did better while sectors like metals (due to relatively […]

Review of Equity Markets for the month of August The equity markets were subdued in August (Nifty down 1.6%), after a strong performance (Nifty up 6%) in the previous month. FII inflows into Indian equity were negative for the month at USD 1.73 Billion while domestic flows in mutual fuds remained positive at USD 2.7 […]