By November-December 2014, investors should also look at debt funds.
RBI might not cut rate on June 2 but will surely cut soon.
In recent past, midcap stocks have performed well, say experts.
The banking sector in India is reeling under Rs 8 lakh crore of non performing assets (NPAs) or bad loans, of which PSU banks alone account for over Rs 6 lakh crore.
The fall in reserves was due to a sharp fall in foreign currency assets.
Technical rallies and short covering may arise only if the markets break this 500 point band
Food and fuel are two perennial areas of concern.
Governor's statements will be weighed to gauge confidence level.
RBI has, since January, cut its policy rate four times.
The prices of oilseed, coarse cereals & vegetables could also be affected.
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
On India achieving higher growth, Rajan said 9 per cent, which is the widely believed potential growth rate of the economy, is still some time away.
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
FM he did not come down hard on Rajan to cut rates
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
India Inc expects the RBI to cut interest rates by early next year.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
Traders are waiting for the earnings season to kick off.
The Sensex had bounced back with gains of 94 points or 0.3%
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
Data on the real value of the currency against other currencies tells a different story.
Higher interest rates in the US do not necessarily coincide with capital outflows.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
The global economy may just be entering a new phase.
A rate cut could stimulate demand and help revive industrial activity, without much risk of sparking off inflation again.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
But it is likely that campaign spending resulted in some positive activity through this period.
But lower growth numbers in the quarters to come may not mean renewed weakness in the economy at the ground level, says Pranjul Bhandari.
According to a new report published by Switzerland-based BIS, which is also referred as 'bank for central banks', the US Federal Reserve's announcement of a possible phasing out of easy money regime has resulted in 'abrupt and sizeable' equity market losses in both advanced and emerging markets.
The latest macro-economic numbers confirm the economy trundles along in a low growth trajectory, while inflation climbs.