A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
The Reserve Bank has taken some steps to shore up the domestic currency.
The rise in US interest rates and associated change in the direction of capital flows, the fall in oil prices and the slowdown in China will dominate the markets, say Abheek Barua and Bidisha Ganguly
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Silver coins also tumbled by Rs 1,000 to Rs 52,000 for buying and Rs 53,000 for selling of 100 pieces.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
So far in 2019, India has been one of the highest recipients of foreign flows among Asian and Emerging Market (EM) economies
For financial institutions, it will be an opportunity to provide better lending options. For instance, customers who pay their overdrafts on time will get access to more credit and probably at a cheaper rate.
'A positive oil shock has a detrimental effect on growth and activity.'
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Investors should allocate 10 to 15 per cent in their portfolios to gold through sovereign gold bonds.
The rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on demand from importers for the US currency in Thursday's trade.
Sentiment remains broadly supported on strong foreign buying in Indian markets, especially in debt.
A market correction is a good time to reassess the quality of your portfolio and purge the poor quality names from it, says Ramesh Bukka
Investors not stop their SIPs or STPs due to election-related uncertainty.
US interest rate normalisation policy is likely to keep global FX markets volatile.
If Chinese growth starts falling, sharply or otherwise, the risk on trade might reverse.
Several MF managers are trying to tell their investors that it could be the best time to invest as India is different.
Rajan's first few measures include swap window facility for banks to lure in NRI funds.
In 2015, foreign investors slowed net buying of Indian equities.
Gold extended its slump for the second day and shed another ₹ 350 to hit a six-month low of ₹ 29,000 per 10 grams in the bullion market.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
It is the rupee's biggest single-day gain this year.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
Brokerage firm Bank of America Merrill Lynch (BofA-ML) on Monday said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.
India has been a core portfolio holding for emerging market funds.
After a volatile session, Sensex closed the day 563 points lower
The rupee is stable, and a number other of measures have been taken to bring stability in the capital market, the FM said.
The inflows came against the backdrop of US Federal Reserve's decision to start reducing its bond purchases by $10 billion, to $75 billion, from this month.
'The stimulus packages, sector reliefs, loans etc are coming to industry, but state governments have not got any money from GST, no money from excise, no money from any income source.'
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
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Steps announced by new RBI Governor Raghuram Rajan could attract $10 billion of forex inflows in the next three months and this could be a material near-term positive for the rupee, which has lost 20 per cent since January, the London-based banking and financial services company said.
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
Governor Rajan can be more unambiguously pro-growth.
'From a retail investor's perspective, therefore, it is essential not to get swayed by the short-term correction in the equity market and macro noise, and stay the course with their long-term financial plans,' notes Ashwin Patni.
'It is perplexing to see the leader of the First World with a first rate medical infrastructure come up short on its foresight to handle the pandemic,' notes Group Captain Murli Menon (retd).
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