Going ahead, the likely implementation of the goods and services tax bill in July and how the monsoons play out will have a bearing on India's demand for gold and gold jewellery
The rupee is expected to remain under pressure in the near term, given the strengthening of the dollar against major global currencies and widening of the trade deficit.
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
A look at the key decisions taken by the Narendra Modi government in its six months.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
Dr Rakesh Mohan, former RBI deputy governor, and Dr Pronab Sen, former chairman of the Indian Statistical Commission discuss the issues facing the Indian rural and manufacturing sectors and what the government must possibly do to improve demand and perk up the Indian economy
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Food and fuel are two perennial areas of concern.
The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
'At this point, it does not appear to be a Lehman Brothers kind of crisis, which had a domino effect on the financial system.'
For July-September, it pegged CPI-based retail inflation at 4.2 per cent which it saw firming up to 4.8 per cent in the second half of the current fiscal.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
This is the highest closing for both the indices since May 15.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
"India's economy is projected to sustain a 7.6 per cent growth rate in both fiscal years 2016-17 and 2017-18," says the year-end update of the flagship report Economic and Social Survey for Asia and the Pacific 2016 of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
Chief statistician T C A Anant says growth figure might go up once indirect tax data is fully in, however, he agrees that private expenditure is yet to pick up
'The market position from here on is expected to go up'.
How can India become an economic superpower?
Tell us.
The world wants to know.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Sensex climbs higher on favourable global cues.
A two-day strike by wholesalers and retailers across Maharastra to protest against the imposition of Local Body Tax (LBT) began on Monday, bringing trading activity to a grinding halt.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18.
An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.
It was a show of strength-- of the Sena supporters, the Rane supporters and the Mumbai police.\n\nThe police won hands down.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
The currency fell 3.4 per cent this week, and is below the levels at which it was trading on July 15 when the Reserve Bank of India unveiled its cash tightening steps to defend the currency.
The recovery was led by pharma majors led by Dr Reddy's Labs.
Sensex ends lower; govt schemes in focus.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
Finance Minister Arun Jaitley said the government will continue to pursue policies to support growth amid global slowdown.
Sensex ends belowe 26,800 on domestic concerns.
Sesnsex ended the day flat on heavy selling pressure.
While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
