Broker Research reports Sector and thematic reports for all reports

Asian markets are trading mixed as investors digest Fed reserves' minutes which showed that the Central Bank intends to move "expeditiously" to a more neutral monetary policy stance. Nikkei is trading higher by 0.03%, Hang Seng is trading lower by 0.83% and Shanghai is trading lower by 0.10%.

Asian markets are trading mixed tracking cues from Wall Street overnight. Nikkei is trading lower by 0.13%, Hang Seng is trading lower by 0.19% and Shanghai is trading higher by 0.07%.

Imposition of Export Duty Takes the Sheen Away from the Steel Sector

Asian markets are subdued as investors await manufacturing activity data from Japan and digest news that the US may consider cutting tariffs on Chinese goods. Nikkei is trading lower by 0.51%, Hang Seng is trading lower by 1.23% and Shanghai is trading lower by 0.24%.

Nominal GDP grew 19.1% in CY21, while real GDP was reported to have grown only 8.3% (still the fastest in the G20, the fourth year India was the world’s fastest-growing large economy in the past 7 and 75 years)

R-22 prices dipped slightly to Rs242/kg (down 5.8% QoQ / up 36.4%) in Q4FY22, but volumes were down 34% YoY to just 3.7kte, which suggests pressure on prices will continue. This means SRF’s ref-gas revenue and EBIT margin benefits are coming entirely from the HFC portfolio. Some volume impact is due to shutdown of Gujarat Fluorochemicals’ (GFL) plant, but we are not worried as companies sell their entire quota allocated for full year.

Gauge of recovery in activity

Asian markets are trading mixed as persistent inflation fears and the prospect of rising interest rates weighed on investor sentiments. Nikkei is trading higher by 0.50%, while Hang Seng is trading lower by 1.43% and Shanghai is trading lower by 0.49%.

Asian markets are trading higher after China cut a key lending benchmark to support a slowing economy. China cut its five-year loan prime rate (LPR) by 15 basis points .Nikkei is trading higher by 1.17%, while Hang Seng is trading Higher by 1.92% and Shanghai is trading higher by 0.88%.

Indian Markets stride upwards in this week; Nifty and Sensex up by 3.07% and 2.90% respectively.

Asian markets are trading lower tracking negative cues from Wall Street overnight. Nikkei is trading lower by 2.50%, while Hang Seng is trading lower by 2.77% and Shanghai is trading lower by 0.56%.

Asian markets are trading mixed as data from Japan showed that economy shrank 1% annualized in January-March (vs. estimates of 1.8% contraction) while investors also digest comments from Fed Chair Jerome Powell thathe will back interest rate increases till prices begin falling back toward a healthy

Asian markets are trading mixed as investors take note of the minutes of the Reserve Bank of Australia's monetary policy meeting, which indicated that the central bank could further increase interest rates to tackle inflation. Nikkei is trading higher by 0.22%, Hang Seng is trading higher by 1.45%..

Indian Markets move downwards in this week; Nifty and Sensex down by 3.83% and 3.72% respectively.

Asian markets are trading higher while investors assess the inflation and the global economic outlook. Nikkei is trading higher by 2.61%, Hang Seng is trading higher by 2.02% while Shanghai is trading higher by 0.44%.