Deutsche Bank raised its December 2014 target for the BSE Sensex to 28,000 points, saying shares were about to enter "a structural bull market" after the Bharatiya Janata Party and its allies resoundingly won the country's elections.
The RBI kept its key policy repo rate unchanged at 8.0 percent in its recent monetary policy.
Reserve Bank of India (RBI) governor Raghuram Rajan says global markets are at risk of a "crash" should investors start bailing out of risky assets created by the loose monetary policies of developed economies.
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
The low global crude prices have helped narrow the current account deficit to just 0.2 per cent of GDP in the previous January-March quarter.
The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
In cutting interest rates and giving a boost to the government's efforts to revive growth, RBI governor Raghuram Rajan displayed the pragmatism and flexibility familiar to those who work with him.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances