RBI monetary policy: 6 things to watch out for on Wednesday

The central bank has maintained the status quo on its repo rate since August 2017, citing concerns about inflation.    The Reserve Bank of India's Monetary Policy Committee (MPC) is meeting for its second bi-monthly policy review in FY19. This is the first time the committee is...

Top 10 stocks which could get impacted the most if RBI goes for a rate hike

A rate hike is something which might not be taken in a positive light by most of the sectors.    Mark participants are eyeing the outcome of the Reserve Bank of India's Monetary Policy Committee (MPC). The Street has more or less discounted a rate hike of 25 bps and a change in...

Market is haemorrhaging, but Sensex & Nifty seem to suggest rude health

The big indices have retreated just 5-6 percent from their peaks, but the price damage in mid and small cap shares has been severe.    Many investors would be surprised to see the erosion in their portfolios despite the Sensex and Nifty not being too far from their lifetime highs. The...

See Nifty trading in a 10,200-11,000 band in June series

On the daily chart, immediate support for the Nifty is placed around 10,537 (50-day daily moving average) and 10,440 levels (50 percent retracement of its March to May upmove), whereas 10,699 (23.6 percent retracement of its March to May upmove) will act as immediate resistance.    The...