On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
Budget was a mild disappointment. Yet, the bull run continues.
'We are not getting any clear guidance on what to do. Initially, we were asked to move to the bunker...when we packed our bags and reached there, our university head asked to go back to our hostel room. So we came back. Movement is very risky these time'
India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that helped during the taper tantrum in 2013, former RBI Governor Raghuram Rajan said on Tuesday. Participating in a virtual event organised by economic think tank NCAER, Rajan said during the taper tantrum in 2013, India asked for swap lines, and only country who helped was Japan. "We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.
The women on the 17th annual Forbes Power List hail from 30 countries and were born across four generations.
Consistent capital inflows and a recovery in local equities helped the local unit to trim initial losses
In the United States, economic data is likely to take a back seat next week.
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
Adequate dollar supply gave a boost to the local currency
RBI governor is seen succeeding International Monetary Fund (IMF) chief executive officer, Christine Lagarde, next year.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
Total holdings of the top eight gold ETFs have risen by 3.8 million ounces so far this year
The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.
This is the 2nd lowest amount of funds held by Indians.
India's GDP for the three-month period ended September 30 grew 7.4%.
Gains in realty, teck, IT, power, consumer durables, banking and oil & gas stocks helped both the key indices to score gains.
Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.
For the year as a whole the price is expected to average $1,270, which compares with the year-to-date average of $1,289.
Energy Minister Panagiotis Lafazanis and Deputy Labour Minister Dimitris Stratoulis also voted against the package.
The rupee has lost 37 paise or 0.55 per cent in two days.
Plenty of other factors are likely to keep a lid on prices.
A bleak demand outlook for steel in the domestic as well as global market is also another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters.
EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.
The 'Rating Level 4' means that the financial market regulators have all regulatory measures "fully in force"
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
This is the biggest one-day fall in the rupee since August 3, 2016
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.
The proposals appeared so far apart that success seemed higly unlikely
On gold buying occasions such as Akshaya Tritiya, Chiraj Mehta points out, investors are often confronted with the question: Should I make just a token purchase, or should I buy more towards building my allocation in the yellow metal?
While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
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