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Timely monsoon, rate cut hopes boost market; Sensex up 118 points

May 15, 2015

Timely monsoon, rate cut hopes boost market; Sensex up 118 points

The rise in the BSE barometer was supported by gains in state-run SBI that climbed 2.39 percent, followed by HDFC 1.80 percent and Axis Bank 0.80 percent. #Sensex #Inflation #ICICI Bank #SBI #HDFC #BSE #fiscal deficit #Arun Jaitley #Axis Bank #MarketClose
Sensex, Nifty nosedive to over 3-week low on tax issue concerns

Apr 20, 2015

Sensex, Nifty nosedive to over 3-week low on tax issue concerns

Sectorwise, the BSE realty index suffered the most by losing 2.78 percent, followed by FMCG 2.71 percent, capital goods 2.17 percent, IT 2.08 percent, power 2.04 percent and oil and gas 1.91 percent. #Sensex #nifty #Dr Reddy's #HDFC #BSE #Cipla #Axis Bank #RIL #Hero MotoCorp #MarketClose
With more banks expected to follow ICICI and Axis on rate cuts, is it time for RBI to ease further?

Apr 15, 2015

With more banks expected to follow ICICI and Axis on rate cuts, is it time for RBI to ease further?

With banks falling in line somewhat, the first hurdle for future rate cuts is cleared; but the critical factor is the rains and crude prices #Inflation #RBI #Interest rate #ICICI Bank #SBI #Economic growth #Axis Bank #Raghuram Rajan #Growth #crude oil price
ICICI Bank, Axis, NBFCs cut home loan rate by up to 0.25%

Apr 15, 2015

ICICI Bank, Axis, NBFCs cut home loan rate by up to 0.25%

The move follows rate cuts initiated by leading players State Bank of India and HDFC Ltd in the past few days #Interest rate #ICICI Bank #Axis Bank #Indiabulls #DHL #Home loan rate