There is uncertainty in most investors' minds as to whether China is transitioning to a new growth model or simply collapsing.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
Dealers attributed the fall in the rupee on Tuesday to dollar's gains against other currencies overseas, but a higher opening in the domestic equity market capped the fall.
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
India's sad export figure put pressure on the rupee
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
Bank shares were the top gainers led by ICICI Bank.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
R-Cap's demands following PwC's audit report add a fresh layer of worries for MCX investors and could hit valuations marginally.
The reason, he said, was the external environment was weak.
Dollar weakness was a major contributor to the rupee recovery as the skittish investors continued to lighten their long positions.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Intensifying competition and possibility of further legal action to test expectations of recovery.
23 Nifty companies reported an annual decline in net profit.
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency
Global disinflation has finally caught up with India's high-cost economy.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
As markets enter the new financial year and the long-term capital gains tax on the sale of stock investments kicks in, Abhinav Khanna, head of equities, Citi India, tells Puneet Wadhwa that he remains optimistic on the medium-to-long term growth of India, led by consumption recovery and the green shoots visible in the capex cycle.
For a time it looked as if Apple would never relinquish the top spot in terms of market value.
Weakness in the greenback overseas against the backdrop of sluggish US macro data outcome helped the home currency move higher
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
Moody's said domestic growth will offset global headwinds.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
The Modi administration has been unable to initiate key reforms.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
Given the security dilemma prevailing between India and China, India should curb the operation of Chinese telecom companies in India, asserts Dr Rup Narayan Das.
The dollar gained against other currencies overseas.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
India imports a staggering 1,000 tonnes of gold every year, draining out foreign exchange and putting pressure on the fiscal deficit.
Mumbai developers are battling high inventory.
Higher crude oil prices also translate into better corporate earnings for India's top companies
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
The rupee largely shrugged off the high volatility in stocks and rebounded sharply towards the fag-end trade following bout of dollar selling by exporters
