Pick-up in services, manufacturing activity

Smaller stocks have already seen a significant correction in the last six months. If the FIIs stay net positive through July, the major indices could move up some more. However, the hike in MSP might

The trade war looks set to intensify as the first set of punitive US tariffs on Chinese goods and China’s retaliatory tariffs kick in. If the US decides to escalate by targeting a wider range of goods, China will presumably broaden its retaliatory tariffs. It remains to be seen if the US will follow a similar pattern versus the European Union (EU) and Canada. India has also released a list of retaliatory tariffs but those will only come into effect in early August if talks scheduled to resolve the situation fail.  
 

Global markets have been pretty nervous about this situation.There’s