Goldman Sachs Sees Equity Volatility Spillover

Goldman Sachs

Gold Silver Reports (GSR) – Goldman Sachs Sees Equity Volatility Spillover — Strategists led by John Marshall observed that “a large number” of S&P 500 hedges expired over the past three weeks, leaving the average investor more exposed to stock swings. Meanwhile, the Cboe Volatility Index almost doubled in the first quarter as concerns over global trade tensions and the Federal Reserve’s monetary policy stirred up market turbulence. The options gauge, known as VIX, jumped 20 percent to 23.89 as of 12:11 p.m. in New York.

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Stocks Moving On Heavy Volumes

Stocks Moving On Heavy Volumes

⭐ Mahindra Holidays: The Chennai-based hospitality firm rose 2 percent to Rs 299.35. Trading volume was 7.8 times its 20-day average.

⭐ Tata Coffee: The Bangalore-based coffee producer rose 5.7 percent to Rs 119.45. Trading volume was 6.5 times its 20-day average.            

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Indian Stock Market Updates

Indian Stock Market Updates

✅ Indian equity benchmarks held on to gains led by Kotak Mahindra Bank, Reliance Industries, HDFC Bank and Larsen & Toubro.

✅ The S&P BSE Sensex rose 0.4 percent or 147 points to 33,115 and the NSE Nifty 50 index gained 0.5 percent or 50 points to 10,164.             

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Royal Enfield Sales Jump 27%

Gold Silver Reports (GSR) – Royal Enfield Sales Jump 27% — Royal Enfield, the two-wheeler division of Eicher Motors Ltd., reported a 27 percent jump in total sales to 76,087 units in March. The two-wheeler manufacturer had sold 60,113 units in March 2017.

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Maruti Posts Double-Digit Sales Growth

Maruti Suzuki Victoris

Gold Silver Reports (GSR) — Maruti Posts Double-Digit Sales Growth – Maruti Suzuki India Ltd.’s sales rose nearly 15 percent in March led by sales in the mini segment.                

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Auto Sales: Expectations For March

Gold Silver Reports (GSR) – Auto Sales: Expectations For March — Indian automobile makers are expected to end the financial year 2018 with a bang. That’s according to a BloombergQuint poll of two brokerage houses, which suggest double-digit sales growth in March for all segments, be it commercial vehicles or two-wheelers.        

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