Pharma major Lupin and mortgage lender HDFC were the top losers.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Foreign investors keeping off; inflows into bonds also likely to improve if RBI resumes rate cuts.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
Voices from the Treasury are clamouring for lowering rates as this would boost demand.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
In a bear market, prices may be irrationally depressed. In that case, an investor can identify mis-pricing, invest with a safety margin and wait. Since values are low, the risk is also low.
The World War I had been triggered by an assassination in then relatively unknown Serbia.
Sensex in green in afternoon trade.
The rally in Indian market is mainly due to resumption of foreign institutional investor inflows.
Rajan drew attention towards the Nachiket Mor committee on PSL and said that the RBI is trying to make the entire process more effective.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.
It was a year of stocks shining bright when it comes to adding to the investors' wealth, and the glitter of gold and silver fading for the second straight year in 2013.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.
Markets end higher ahead of Fed outcome, China stimulus
The markets tend to react six to eight months in advance
Companies from the capital goods space will under-perform.
RBI's out-of-turn rate cut has surprise few economists.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
If new goals have emerged, this is the time to make fresh investments.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
Valuation-wise, the markets look more attractive now
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
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