Rupee heading towards the elusive 70-mark? Macros and technicals suggest it could

US President’s decision to re-impose sanctions on Iran will not only hit the dynamics of the global oil trade, it will also force India to revisit at its ties with the Middle Eastern oil nations.     USD-INR at 70 — a new normal can be seen in early 2019. This could sound...

See Nifty in 10,500-10,800 range till May-end

We believe the 10,500-10,800 range is likely to continue till the month-end, which coincides with the May settlement. The Nifty has remained under pressure after testing the 10,900 mark. Call writing was seen at 10,800 which should keep the index below this level for some more time. The major problem...

BSY's exit, crude may take Nifty to 10,400; here’s where you should park your funds

Investors are advised to stick to companies with stable, steady and visible earnings growth.    Political drama emerging out of Karnataka as well as boiling crude oil prices, which are hovering near the $80 a barrel, are enough to take the Indian market lower. The latter has already...