Usain Bolt's 200 metres triumph at the IAAF World Athletics Championships in Beijing came at a price. The Jamaican took a tumble in bizarre accident, after he was knocked over by a photographer on Segway scooter.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
The first major devaluation of the rupee happened in 1966 when it was pegged against the US dollar at Rs 4.75/$
The dollar's preliminary moves after the low 80.90 are supportive of a like dollar rally back to 85.50. We should see confirmation of that in the early part of next week, says Sonali Ranade
In 2015, foreign investors slowed net buying of Indian equities.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
Testosterone is a hormone that increases muscle mass, strength and haemoglobin, which affects endurance.
The broader NSE Nifty too reclaimed the key 11,500-mark. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 per cent.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
Investors booked profits at higher levels with oil shares leading the decline
The BSE Midcap and Smallcap indices have performed better than the front-liners
It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.
Movement of rupee and crude oil prices will also dictate the trend
In India, however, the Nifty continues to climb a wall of worry as general elections loom, fiscal deficit surges and the current account deficit is barely under control following subdued gold and crude prices, says Sonali Ranade.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
FIIs pump in Rs 2,075 crore in past three trading sessions.
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The government on Tuesday announced hikes in import duties for gold and silver, but it has yet to unveil other details such as its plan to tax imports of non-essential items.
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
The question is whether the Indian economy has the advantage of other vibrant sectors that can step up their performance on the exports front, says A K Bhattacharya.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
New data is puzzling as these aren't corroborated by other data
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Exports had risen over 11 per cent in July, year-on-year.
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
There was hope in some quarters that the interim Budget would boost sentiment and lay the groundwork for kick-starting the investment cycle, while staying on a path of fiscal consolidation.
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The GDP numbers destroy any hopes of an economic rally prior to the elections, and the installation of a new government.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
We still have time for this government to take action.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
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