Asis Ghosh's Comment & Analysis
A complete archive of Asis Ghosh's articles, including current analysis & comment.
India’s benchmark stock index Nifty surged 0.50% Monday (17th March 25) on positive global cues amid the progress of the US and German debt deal coupled with Chinese stimulus. On Friday, Wall Street...
· RBI may cut 50 bps on 6th December’24 based on core CPI to stay ahead of the curve rather than waiting for Feb’25 as the trend indicates only 5% growth in FY25 · India’s average...
· But even if Nifty recovers again towards 25000-26000 levels due to short covering and fresh value buying, earnings growth has to support the expensive valuation. India’s benchmark stock...
· At TTM Q2FY25 EPS around 877 (vs Q1 EPS 873) and 24000 levels, the current Nifty TTM PE is around 27, still in the overvaluation zone · Now US election is over, all focus may be now...
· India may be heading for a hung Parliament; If BJP wins less than 250 seats, then Modi may be replaced by moderate Gadkari as the next PM for the new NDAIndia’s benchmark stock index, Nifty...
India’s benchmark stock index, Nifty closed around 22502.00 on Saturday's special short trading session (18th May) ahead of the polling day holiday in Mumbai on Monday. Nifty surged almost...
Nifty Tumbled on the Concern of an Imminent National Lockdown 2.0 amid Horrible COVID SituationIndia’s benchmark stock index Nifty 50 (NSEI) closed around 14496.50 Tuesday; tumbled almost -0.94%...
On early Monday Nifty scaled a multi-month high of 12020.60, highest since Feb’20 national corona lockdown on positive global cues and RBI QE-Lite despite unabated COVID infections and the fact...
The Indian stock market (Nifty) made an early session high of around 12020.60 Monday, jumped almost +0.89% on RBI liquidity bazooka (QE-Lite), U.S. stimulus (CARES Act 2.0), corona vaccine, economic...
The Indian stock market (Nifty) closed around 11050.25 Friday, jumped almost +2.26%, recovering from one month low on hopes of another corona fiscal stimulus amid slumping economic growth on unabated...