The rupee largely shrugged off the high volatility in stocks and rebounded sharply towards the fag-end trade following bout of dollar selling by exporters
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
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.
IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.
The Kerala-born businessman is the latest in a slew of foreign buyers who have shaken off mounting fears of a 'Brexit' from the European Union
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
What will be the impact on the Euro itself? Will it devalue and to what extent?
The leave to appeal to the Supreme Court is on a point of law of general public importance, which according to experts is a very high threshold that is not often met.
And why markets could give up 25 per cent of all these gains made since March 2020
Global economy will have to grapple with few tough situations in 2015.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
Budget should raise revenues & reduce spending to increase capital expenditure.
May touch 64/$ due to foreign flows slowing down
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Markets end higher ahead of Fed outcome, China stimulus
In several areas, the Indian government has put out a model law.
The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.
The World War I had been triggered by an assassination in then relatively unknown Serbia.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
It was perhaps over-enthusiasm that prompted the Indian investigative agencies to take a private jet to Dominica to bring back fugitive diamantaire Mehul Choksi. Predictably, the eight-member team had to return empty-handed after almost a week-long wait. The agencies were banking too much on the "state-less" status of Mr Choksi, as Antigua, which had given him citizenship in 2017, wasn't willing to take him back. Thus, the calculation was that Mr Choksi would be whisked away from the Dominican courtroom to the waiting plane. The reason for the optimism was also because Antigua is friendly territory for India.
In June alone, property investment was up only 3.5 per cent from a year ago.
India on Wednesday asked for enhanced economic ties with Central and East European countries.
The combination of sanctions, and low fuel prices is really hurting the Putin regime.
Bank of Baroda ended flat after sharp gains in the previous session.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
The world seems to have caught severe pneumonia, or worse, as China had flu.
Indices reversed all its losses during late trades.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'
Globally, jewellery buying fell 14%, investment slid 11%.
