RBI watchers are going to be on tenterhooks for the next 3 weeks.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Realty firms and consultants hoped however that this would be the last round of monetary tightening by the central bank.
Sensex,Nifty to remain under pressure through the week.
The estimates of national income and growth do not pass the 'smell test'.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The economists, who were surveyed, also felt it will take time for banks to make any further reduction in deposit rates
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Volatility might continue as the Chinese market is expected to open sharply lower, following a long break
It's a clear signal that Indian economy is not out of woods.
RE of GDP for 2015-16 show that the economy grew 7.9% in 2015-16, rather than the earlier estimate of 7.6 per cent.
The recent softening of inflation is purely a base effect at play.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
The recovery was led by pharma majors led by Dr Reddy's Labs.
A moderate recovery in Indian factories, exports and investments were probably the main drivers for an increase in overall growth in the quarter through March.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
Production grew by a mere 0.5 per cent year-on-year, a significant comedown from the 3.5 per cent clocked in June.
Markets closed in the red on domestic worries.
The bigger worry is that its effects could linger well into the next financial year.
Only power generation grew faster in 2014 than in earlier years.
Participants are keenly waiting for the January IIP.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
A survey by industry body Ficci has lowered the country's economic growth forecast for 2013-14 fiscal to 5 per cent, from 6 per cent projected in July, indicating tough times ahead.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
IIP for November 2015 and CPI for December 2015 will be announced today.
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
IDS-2 and raids to uncover black money stash keep receipts flowing
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