The Trump administration is acting like a rampaging bull in a China (no pun intended) shop. There are no better words to describe its plan to impose tariffs of 25% on steel and 10% on aluminium imported from Canada, Mexico and the European Union under the pretext of ‘national security’. 

Best sectoral fund performance in last one month and three months. 

Om Metals Infraprojects, in a joint venture (JV) with Patel Engineering, has bagged a contract worth around Rs 92 crore from Tamil Nadu Generation and Distribution Corporation (TANGEDCO), on the upstream of power house pertaining to phase 1 of Kundah pump storage hydroelectric project (1x125 MW) in Nilgiri district. 

The market regulator SEBI has taken one more step to develop the bond market. It has suggested uniform procedure to determine pricing of thinly and non-traded, traded non-convertible debt securities

In the current global scenario, where global trade is under dark clouds of protectionism and trade war, India’s performance amongst all these headwinds is satisfactory.

HCL Technologies has announced its collaboration with JDA Commerce Inc. The company will join forces with JDA Commerce for developing product support and go-to-market (GTM initiatives) for JDA’s Commerce, SofTechnics, and Pricing and Revenue Management Solutions.

May auto sales indicate that the consumer appetite in the country is back on track after facing twin shocks of demonetization and GST implementation in FY18.

Avanti Feeds has fallen more than 39 per cent in May, witnessed deep fall after posting Q4 results on May 26. We hold 1,440-1,420 as the support. In case it bounces back as the oscillators are lying in the oversold zone, we hold 1,640-1,700 followed by 1,755 as the resistance.

In early 2015, the government had tried the same strategy to cope up with rising oil prices in the international market and managed to give some relief to consumers. ONGC was asked to sell oil to refiners at a discount.

Despite the poor performance of the S&P healthcare index and the underperformance of the pharma category some of the fund houses see this sector as an opportunity and are coming up with NFOs in this sector.