In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
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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.
'Trail and appeals for rape cases must end in a year. Then the Police will not feel constrained to justify encounters and people will not applaud it.'
Most say a rate cut could come in RBI's June policy.
The CAD has been narrowing since 2012 to an estimated 1.6% of GDP in 2014
'The BJP has been wooing him for quite some time.' 'But he didn't join the BJP; he started his own party.' 'Remember he has Hindus, Muslims and Christians as his fans.' 'He will never antagonise any of his fans.'
Most companies often subsidise the sale and the delivery, making losses on their books.
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.
The venom and contemptuous sarcasm evident on the army's tweet on the Yeti and my reply has something to do with the intrinsic hatred that a section of the media nurses against the right wing, says Tarun Vijay.
FIIs have offloaded stocks worth Rs 13,110 crore
The rupee appreciated by 10 paise to close at a nearly six-week high of 60.29 against the US dollar in the previous session tracking a solid rally in local shares and continued dollar selling by exporters and some banks.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
After a volatile session, Sensex closed the day 563 points lower
A delay in US Federal Reserve's quantitative easing tapering, coupled with better-than-expected September quarter earnings, ensured FIIs kept foreign money flowing into Indian equities.
Government is also will also enter into an agreement with Japan for a $50 billion swap.
New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy.
RBI will review the monetary policy again on September 29.
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
Mudra glove can be worn like any other riding glove.
For now, the rupee is likely to remain dependant on global factors. The dollar held on to broad gains on Thursday after Fed chairman Bernanke said the central bank still expected to start scaling back its bond purchase programme later this year, but left open the option of altering that plan.
The Gupta case is SEC v. Gupta, US District Court, Southern District of New York, No. 11-07566.
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
'They (BJP) can claim of winning even 82 seats, despite the fact that Uttar Pradesh has only 80 seats'
Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.
Aam Aadmi Party leader Arvind Kejriwal and his party feel that they have a fighting chance in Bangalore. The crowd that gathered for his road show comprised both supporters and curious onlookers.
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The broader Nifty also succumbed to the pressure before recovering to close lower by 6.35 points, or 0.07 per cent at 8,693.05
The NSE Nifty, comprising 50 shares, breached the 8,300-mark for the first time to hit a new lifetime high of 8,330.75.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
A rising rupee is a tailwind for dollar investors.
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