It is said that Goldman Sachs rarely gives subdued updates. They were the first to call crude at $150/bbl in 2008 and now they have called crude at closer to $200/bbl in a worst case scenario. Goldman Sachs, in its latest update, has upgraded the pri

Amidst the prospects of the LIC IPO getting done in the current fiscal year dimming, the government needs some back-up plans to show new revenue generating sources for the excehquer. On 09th March, the Union Cabinet approved the setting up of the Nat

After the sharp rally in Brent Crude since the war in Ukraine started, the price of oil saw its first real correction on 09th March. On Wednesday, the price of Brent Crude fell by $15/bbl to a level of $113/bbl. However, that does look like a o

It looks like there is going to be a rush for raising money via bonds ahead of the expected rate hikes by the Fed. Already there are apprehensions that the RBI may also rate repo rates to offset the impact of sharply higher inflation due to rising cr

It is not often that a diversification into paints is a negative factor for a stock. However, we do live in abnormal times. Paint companies are under pressure due to the sharp cost inflation and the competitive pricing situation in the paints industr

It may be recollected that Dish TV in its 30-December AGM had sought a vote on 3 key areas. While the voting was completed via e-voting, the outcome was not disclosed. While Dish TV was supposed to disclose the outcome by first week of January, they

In the midst of the sharp fall in the Indian markets, the stock of IOCL rallied sharply on Tuesday. The reason was essentially the deal that it has struck with Adani Ports and SEZ for augmenting its crude oil volumes at the Mundra Port. Incidental

On 16th November, the stock of Ashok Leyland had hit a 52-week high price of Rs.153.50. However, since then it has been consistently losing value with the fall becoming extremely sharp in the last few weeks. From the peak of Rs.153.50 on 16-Nov, t

In the last few weeks, several sugar stocks have been rallying even in the midst of market mayhem. Some of the stocks that have rallied sharply amidst this market correction are stocks like Dwarikesh Sugar, Mawana Sugar, Dhampur Sugar, Triveni Engine

About 3-4 months back, there were a slew of downgrades of Indian equities by global investment houses like Goldman Sachs, Morgan Stanley etc. At that time Credit Suisse had not downgraded. In the aftermath of the oil price rally, Credit Suisse has go

In a move that was long expected to happen, the US President, Joe Biden, imposed an immediate ban on Russian oil and other energy imports effective from the night of 08th March itself. This is in retaliation to Russia’s invasion of Ukraine. Meanwhi

Healthium Medtech Ltd, a medical technology company focused on surgical care products, had filed its draft red herring prospectus (DRHP) in September 2021 and SEBI had already approved the IPO in late November 2021. However, due to the sharp fall