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Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
Brexit is bound to negatively affect economic activity in India on several levels
Nifty, Bank Nifty, HCL Tech, Idea Cellular & Tata Motors
Nifty, Bank Nifty, TCS, Ambuja Cement & PowerGrid
In terms of momentum and technical trends, the market is upbeat. But Brexit and the US Federal Reserve may upset calculations
Even short-term money market funds could be a good option, as they would be relatively immune
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations. Back home, Raghuram Rajan's successor at Mint Road will have his or her work cut out
There are hundreds of trend-following trading systems available but the last mile will always be up to the individual
Nifty, Bank Nifty, Bharti Airtel, BPCL & Tata Steel
The government has to take a call on reducing or retaining the excise rate. The latter will be politically difficult
Nifty, Bank Nifty, Coal India, Aurobindo Pharma & Bajaj Auto
Nifty, Bank Nifty, PowerGrid, Asian Paints & HCL Tech
Nifty, Bank Nifty, UltraTech, Tata Power & Zee Entertainment
The Nifty is now well above its own 200-DMA and it has consolidated well above that level