In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Major global indices - the Nasdaq, Bovespa, Seoul Composite, S&P 500, Dow Jones, S&P BSE Sensex, NYSE, DAX, Nikkei and, CAC 40 - have all gained 37 per cent to 75 per cent since their respective March 2020 low.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
Year 2017 will be a benign year for FII flows into India feels Akash Singhania, deputy chief investment officer, DHFL Pramerica Asset Managers.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
Significant investors in government bonds FIIs have been net sellers since May 22.
Modi is ranked fifth on the 2015 roster of 'World's Greatest Leaders' with Satyarthi coming in at the 28th spot.
Here's a collection of some of the best photos, taken last week, from around the globe.
Rediff.com presents a selection of the year's most enduring moments year from around the world
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering in the estimated $2-billion Punjab National Bank (PNB) scam case, has lodged his appeal against extradition from the UK and the case will be heard at the high court in London on December 14. The 50-year-old jeweller, who remains behind bars at Wandsworth Prison in south-west London since his arrest in March 2019, was granted permission to appeal against the Westminster Magistrates' Court extradition order on mental health and human rights grounds. High court judge Martin Chamberlain had ruled on August 9 that arguments presented by Modi's legal team concerning his "severe depression" and "high risk of suicide" were arguable at a substantial hearing.
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
The British pound was down nearly 9 per cent in early morning trade.
It's difficult to understand if GDP growth has actually improved.
.jpg)
India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Gold is often favoured as a hedge against economic and financial uncertainty
The index had risen over 585 points in the previous three sessions.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
This is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra
'...and defensive until the global macro headwinds turn more benign.'
The continuation appeal hearing in the extradition case of Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering amounting to an estimated $2-billion Punjab National Bank (PNB) scam case, is listed to be heard in the high court in London on June 28. The 51-year-old diamond merchant had lodged an appeal against his extradition order on mental health grounds. "The hearing is listed for the 28th June," confirmed the Royal Courts of Justice administrative office last week.
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
Given the relative rates of gross domestic product growth, the differential will increase.
Emerging markets and Asia may be first in the firing line
Most Asian stock markets steadied on Wednesday.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
.jpg)
Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
He added that the risks can increase if the Chinese slowdown gathers more speed.
Ajit Balakrishnan on understanding the anti-cash chorus.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances