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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
Bullion may settle with limited upside potential
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
In 2013, the fall in international gold prices was 28 per cent.
The majority in the markets believe that a September lift-off is likely.
The Bank Nifty is high beta anyhow and it could move the broader market.
64% of 800 investors polled think it will start this week but weak US data suggest it might not be aggressive.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.
A rate cut will bring positive sentiment around the Budget.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
The markets stayed on edge last week due to the endless saga of Greece's problems.
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
This has steered a rally in global equities and dollar Index also ticked higher, trading near its four year high.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
Food and fuel are two perennial areas of concern.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Also keenly watching inflation numbers, with wholesale inflation data expected today
Investors still seem to have a disinflation bias to their thinking.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Markets could slide again owing to conditions in Europe and the US.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
Sensex in green in afternoon trade.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
Market experts poohpooh fears of capital flight from India.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
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