Tag: IOCL

Weekly Triggers (Mar 22 – Mar 27)

Trigger for the Week How will it impact? ·        Sensex corrects close to 934 points during the week gone by ·        However, markets will take confidence from the sharp 1200 points bounce from lower levels on Friday ·        US Bond yields continued to rally despite the FOMC dovishness ·        The bond yields continued to rally

Daily Market Update – Dec 17th 2020

The US Treasury Department declared Switzerland and Vietnam as “Currency Manipulators” and put 3 countries including India on the watch list. The watch list normally includes countries that the US suspects are trying to devalue their currencies to promote exports. Trump had pointed that the central banks of Switzerland and Vietnam had heavily intervened in

Daily Market Update – Sep 22nd

  Reliance Capital has commenced the process of asset monetization after its recent default on payments to debenture holders. RCAP will look to monetize Reliance Securities, Reliance Health and Reliance General Insurance. RCAP also has a stake in Reliance ARC. Interested parties can either bid for a controlling shareholding of Reliance Capital or for individual