'Being embarrassed when you mess up is part of the human experience.' 'Getting back up, dusting yourself off and seeing who still wants to hang out with you afterward and laugh about it? That's a gift.'
'Earlier-than-expected tapering from the US, followed by rate hikes, and locally, a potential third wave, which mimics the second wave in terms of severity.'
Gold has risen sharply due to rising risk aversion
The Sensex finally ended down 233 points at 18,541. Nifty ended down 77 points at 5,590.
The rupee had lost 21 paise on Tuesday's trade.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Foreign institutional investors (FIIs) are back in droves.
Traders rejoice when the Fed drops the rate, but...
Petrol and diesel prices were hiked for the fourth consecutive day on Saturday by 35 paise per litre, pushing the total increase in rates on petrol to Rs 36 per litre and on diesel to Rs 26.58 since early May 2020 when taxes on the two fuels were raised to record levels. Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels.
Gold has dulled a lot lately but investors could still take a shine to it.
The Indian markets look extremely stretched. The Sensex valuations have gone up 19.28 per cent to 26 per cent since the lows triggered by the sub-prime crisis two months ago. Taiwan and Kospi, on the other hand, have not changed much. A Citi group report suggested that the RBI might hike CRR rates to suck out excess liquidity from the system. An increase of one per cent would draw out $7 billion from the system.
Movements in gold prices will depend on the US' interest rates.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Realty, consumer durables, capital goods lead losses, Broader markets underperform.
After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
'Markets are likely to remain choppy for the next 6 months.'
The broader NSE Nifty, after slipping below the 10,500-mark to hit a low of 10,477, finally concluded 29 points, or 0.27 per cent, down at 10,524.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
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?
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
RBI Governor cautioned against more volatility.
The 'Rawalpindi Express', considered the fastest bowler in history said he does not understand why the civilian sector cannot work in collaboration with the Armed forces.
Gaurav Garg, head of research at CapitalVia Global Research Limited will answer your stock market queries.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Prajnesh is now ranked 102 in the men's singles rankings with a jump of seven places while Ankita leapfrogged 35 places to a career-high 168 in the women's singles.
In the Sensex pack, Vedanta took the biggest hit (5.55 per cent), followed by Tata Motors, SBI, Yes Bank, Bharti Airtel and Infosys, which lost up to 4.50 per cent.
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.
The newly-appointed Governor Raghuram Rajan said on Wednesday Reserve Bank of India will offer a window to banks to swap the fresh FCNR-B dollar funds, mobilised for a minimum tenor of three years and over, at a fixed rate of 3.5 per cent per annum. According to Bank of America Merrill Lynch, "the move should fetch $8-10 billion", adding that the move would help in shifting rupee risks away from NRIs at a time of extreme volatility.
'Markets should be driven more or less by earnings growth.'
Gold has pushed lower as a result of Chinese selling.
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
India's numbers have shown a reasonable amount of improvement.
'While the farmers are reeling under a huge debt burden, crop loss due to locust attacks and erratic rainfall, the state is also facing a COVID-19 challenge.' 'In this situation, you have Congress and BJP MLAs trying to outwit each other in a game of thrones'
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
Hedgeloop, Accuracap and other entities are pioneering a growing market and attracting much interest from businesses by using software to make informed decisions in this area
The Federal Reserve must now ensure that higher inflation doesn't derail the US recovery.
Interest rates still aren't low enough to stimulate the U.S. economy. Washington needs to engender more inflation so "real" rates turn substantially negative
Higher interest rates in the US do not necessarily coincide with capital outflows.