An immediate RBI rate cut will lower lending rates for banks' MSME/retail/mortgage loans before the 'busy' industrial season ends in March.
'Helicopter drop' was first proposed as an alternative to quantitative easing.
Traders rejoice when the Fed drops the rate, but...
'Rising Covid cases and localised lockdowns are being closely monitored.'
Any market correction, analysts say, would be an attractive entry point for risky assets, which should do well over the medium-to-long term.
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
It is thought that the RBI has been accumulating dollars to fight odds.
The domestic currency had gained a massive 47 paise to close at 60.60 on Friday amid heavy selling of the US currency by corporates, exporters and banks.
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.
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
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Insufficient rainfall will have a negative impact on the economy.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Better supply management and check on hoarding should be able to prevent food price spikes
Bank of Baroda ended flat after sharp gains in the previous session.
The US Federal Reserve's decision to continue bond-buying has lifted investor sentiment for gold and silver.
The rupee weakened against the dollar in late trades on Thursday tracking weakness in the equity markets.
Markets will watch the policy meeting on June 18 and 19 for clues to a rollback of stimulus measures. Fed officials are divided over their ultra-easy monetary policy and some warn it could stoke future inflation and financial instability.
'Markets are likely to remain choppy for the next 6 months.'
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The country has enough forex reserves to meet the demand.
The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11.
Indian markets too saw a deep fall as a result of the Federal Reserve's shift in policy and the Nifty and Sensex ended down more then 2.5 per cent in the negative, whereas the Europe is trading in red too.
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.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
Be careful while investing at the current levels and stay away from stocks of leveraged companies.
India's economy is in much better shape to weather tighter U.S. monetary policy.
If global stagflation takes hold, it will force China to accelerate its reforms to float its currency and create a single, independent and market-based financial system. When that happens, the dollar will collapse.
A weak dollar in overseas market in view of the Federal Reserve's cautious stance on interest rate strengthened the rupee value.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
National auditor says a significant part of NPAs was due to fraud and may never be recovered
RBI Governor Raghuram Rajan on Friday said keeping inflation low is the key task for sustainable economic growth of the country.
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
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India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
The rupee surged to its highest level in five weeks to end at 65.58 by gaining 38 paise against the US currency.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.
The broader NSE Nifty reclaimed the key 10,100-mark and touched a high of 10,155.65, before finally settling at 10,124.35
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