On February 19, the market managed to close above 10,580 in spite of a steep sell-off on that day. It has helped the market to technically rebound towards 10,800, but the index is still trading in a range of 10,550-10,950. Traders should not forget about the crucial level of 10,580 ... Read More »

When it was announced, demonetisation was expected to boost government revenues through better disclosure of income by individuals and businesses. That, in turn, was expected to increase government and lead to creation of more jobs. But six weeks into the demonetization drive, the calculations appear to have gone awry. There ... Read More »