Tag: exports

Macro Matters (August 2021)

CPI Inflation for Jul-21 tapers by 67 bps to 5.59% as food prices ease Retail headline inflation for Jul-21 came in at 5.59% compared to 6.26% in Jun-21. The consensus estimate for retail inflation for Jul-21 was close to 5.80%, so it was actually better than estimates. The sharp fall in headline inflation in Jul-21

Macro Matters (July 2021)

CPI Inflation for Jun-21 almost flat at 6.26% as food price burden sharpens Retail headline inflation for Jun-21 came in at 6.26% compared to 6.30% in May-21. The consensus estimate for retail inflation for Jun-21 was closer to 6.9%, so it was surely lower than the consensus estimates. The sharp spike in headline inflation in

Tatva Chintan Pharma Chem IPO – Profitable play on specialty chemicals

Tatva Chintan IPO is another play on the specialty chemicals space. This space has been growing at a rapid pace, especially after the pandemic. In the last couple of years, the specialty chemicals has been anyways seeing sharp global demand traction. In addition, China imposed strict environment restraints on domestic chemical manufacturers, which significantly impacted

Daily Market Update – APR 16

Previous Market Closed Sensex closed at 48,803.68 up by 259.62 pointsNifty closed at 14,581.45 up by 76.65 points Wipro reported 27.8% higher net profit of Rs.2,972 crore for the Mar-21 quarter, on the back of better operating margins during the quarter. However, the sequential profits were almost flat. Revenues were up just 3.4% at Rs.16,245

Weekly Trigger (Apr 12 – Apr 16)

Trigger for the Week How will it impact? ·        The week starts with overhang of lockdown in Maharashtra ·        The state is likely to go into a lockdown for a longer period, impacting economic activity in a bigger way ·        Mid-caps and small caps did better than the Nifty in previous week ·        Nifty returned