Incremental FII flows will now target quality mid-cap companies, with good earnings visibility.
He also feels that the govt should hike diesel and petrol rates.
The British pound was down nearly 9 per cent in early morning trade.
The decision will embolden populists across the continent.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
Analysts expect inflation to peak in the first half of 2016-17 and moderate, thereafter, on the back of positive impact of monsoons
Analysts say that the focus now shifts to global events
India Inc has an impressive report card to show for the first quarter of this financial year.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
A fall presents an opportunity to buy rate-sensitive stocks.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
Sensex remained volatile through the day.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
Markets taking cue on future rate cuts from RBI policy.
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
It could be a tough week In the run-up to such an event, the market is always nervous.
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
The year 2014 has been one of the best for investors in the equity markets.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
RBI is expected to slash rates by 150 basis points till end-December 2016.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
AAP has promised lower electricity bills, free basic water supply.
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
FIIs have offloaded stocks worth Rs 13,110 crore
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
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