'Demonetisation will push India onto a higher growth path after a temporary dip.'
According to a White House pool report, Trump referred to Nooyi as one of the "most powerful" women in the world.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
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The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The 50-issue NSE Nifty in range-bound movements settled higher by 59.15 points, or 0.58 per cent, at 10,252.10.
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Jonathan Garner, chief Asia and emerging markets equity strategist, Morgan Stanley, gives Samie Modak his assessment of the Indian economy after 3 years of Modi Sarkar.
It's difficult to understand if GDP growth has actually improved.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
'The way opposition parties such as the Nationalist Congress Party, Shiv Sena, the Samajwadi Party, Rashtriya Janata Dal and the Jharkhand Mukti Morch have supported her, if she wins, she will be the biggest opposition face for 2024'
Silver also recovered by Rs 250 to Rs 37,300 per kg.
SBI Chairperson Arundhati Bhattacharya said any rate cut by the bank would depend on a lot many factors.
The rupee surged to its highest level in five weeks to end at 65.58 by gaining 38 paise against the US currency.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
On Monday, the biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, Tata Motors, HCL Tech, IndusInd Bank and Kotak Bank, HCL Tech, Infosys and Bajaj Auto.
The Federal Reserve on Wednesday trimmed US interest rates a quarter percentage point to 45-year lows, citing recent hopeful economic signs as it offered a less potent growth tonic than markets had hoped.\n\n\n\n
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
Financial shares were among the top gainers with HDFC leading the gains.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
Markets are also watching a meeting in Moscow of G20 finance ministers for signs of an orchestrated approach to the end of US money-printing, which could help defuse volatility in global markets.
Around 150 cases involving that of murder, landmine blasts, abduction and attack on the police were pending against the couple in different police stations, police said.
RBI might not cut rate on June 2 but will surely cut soon.
Increased demand for the dollar from importers put pressure on the rupee.
Most say a rate cut could come in RBI's June policy.
More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.
Just as very high oil prices looked an anomaly in a sluggish world, so now do record high equities.
Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.
The Reserve Bank of India has no plans to cut the short-term repo rate for some time, a senior central bank official said on Thursday.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
The Indian stock market had rallied through the first fortnight of October but it gave back the bulk of its gains in the second half.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
As someone with nostalgia for the good cheer and friendly feelings of Brazilian people, former Ambassador to Brazil B S Prakash can only hope that when they see on their TV screens their President being feted on Rajpath, they will sense India's goodwill for Brazil.
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