Why Moody’s cut its India credit rating outlook, investors taking refuge in gold ETFs; all this and more on Moneycontrol Pro
Two years ago, Moody’s had upgraded India to Baa2 with a stable outlook from Baa3, the lowest investment rating.

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High gold prices have severely impacted gold demand both in India and globally
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Trade agreements such as the RCEP help countries to be part of global value chains and India seems to have missed an opportunity there
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IBHF has been at the center of a sell-off seen in HFCs following the liquidity crisis that engulfed the segment since September 2018
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Why Moody’s cut its India credit rating outlook
Two years ago, Moody’s had upgraded India to Baa2 with a stable outlook from Baa3, the lowest investment rating. The factors behind the downgrade in its outlook are nothing new. So what changed since then to change Moody’s outlook on India? Read here to know more.

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Are record gold ETF purchases a bad trade or a warning sign for equity markets?
There has been a structural change in the gold market. High gold prices have severely impacted gold demand both in India and globally. In uncertain times for the global economy, it seems investors are running to a time-tested haven. Investors are taking refuge in gold ETFs. Read here to know what that means.
How much would India’s GDP, exports and investment have gone up if it had joined the RCEP?
One of the things experts invariably advise when talking about trade is that India must strive to become part of global value chains. Trade agreements such as the RCEP help countries to be part of global value chains. India seems to have missed an opportunity there. Is it too late to make amends? Read here to know more.
Weekly Tactical Pick: Yes Bank
Yes Bank is this week’s tactical pick. The bank has been in the news recently for all the wrong reasons. That turned its stock price volatile, rising 129 percent from its 52-week low and also down 77 percent from its 52-week high. While myriad concerns still loom, some light is becoming visible at the end of the tunnel. Read here for a research view.
Indiabulls Housing Finance: After a tepid Q2, focus returns to access to funds and litigation
IBHF has been at the center of a sell-off seen in housing finance companies (HFCs) following the liquidity crisis that engulfed the segment since September 2018. However, the lender has deftly managed its liquidity needs so far. Its second quarter results showed a muted performance. Read here for a research view on the stock.
GuruSpeak | Positioning for Luck using Technical Analysis
The most common refrain from many people investing/trading in the market has been that we are always unlucky in our timing or stock selection. Read here for an expert view on this refrain and whether one can use technical analysis to position oneself to benefit from the luck factor.
Primer | Surprise is a fact of life. Do stock markets like it?
Surprises in life and the stock markets can be positive as well as of the unpleasant variety. In efficient markets, any new information should be incorporated into the price immediately and discounted. But that is not seen to happen in our markets. Why? In this edition, read here, we try to make sense of how Indian markets react to surprises and what investors should do when confronted with them.
Technical Picks
GAIL: GAIL is in a sideways trend based on price action and its last closing is a strong bearish outlook. Read here on how to trade this move.
LIC Housing Finance: LIC Housing Finance’s price chart has triggered a multi-period bullish breakout. The stock has continued to show strength. Read here to know more on how to trade this move.
also read

Gold price today: 10 grams of 24-carat sold at Rs 59,730; silver at Rs 73,300 per kilo
According to the MCX data, gold futures fell by 0.4 per cent to Rs 59,035 and silver futures dropped by 0.25 per cent to stand at Rs 70,233

Gold price today: 10 grams of 24-carat drops to Rs 59,780; silver at Rs 72,000 per kilo
As per the MCX data, the gold futures increased by 0.30 per cent to stand at Rs 59,683 and silver futures rose by 0.38 per cent to trade at Rs 69,103

Gold price today: 10 grams of 24-carat sold at Rs 58,430; silver at Rs 69,200 per kilo
Ten grams of 24-carat gold in India is priced at Rs 58,420 today, 17 March. One kilo of silver is being traded at Rs 69,200. Ten grams of 24-carat gold in India is priced at Rs 58,420 today, 17 March