Dealers say that the full-year outlook remains negative with a projected contraction in retail sales of 15-35 per cent across segments, save tractors, which look set to clock a positive annual growth.
'His (Das) approach to work seems that of working as a team with ease in communication.'
The RBI cut rates for third time in 2015 due to favourable economic conditions.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Moody's expect RBI to hold policy 'repo' rate steady to have a neutral stance in this growth
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
CBDT asks for urgent action, especially with respect to recovery of arrears and current demand, to achieve the collection target.
'The Budget will have to be substantially re-cast as soon as a new government takes charge after the elections.' 'Both revenue and expenditure numbers will have to be trimmed -- and then may better reflect the deceleration of economic activity caused by slowing consumption trends,' points out T N Ninan.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
The I-T officer can go back up to six years to scrutinise the books of accounts of the assessees.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
India might see better growth prospects mainly on account of expectations of significant progress on project approvals as well as the central bank maintaining a delicate balance between inflation and growth.
Over the past week, the BSE Sensex ended on a muted note, showing a marginal gain of 2.25 points at 28,114.56.
Food prices are also expected to move up due to the poor monsoons.
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
'We are moving away from the Modi promise of less government,' says T N Ninan.
The average bank customer does not know about the Customer Charter because it was designed - under Mr Rajan's regime - to be a lame duck initiative from the start: violating the charter has no consequences, points out, Debashis Basu.
Obama said when he became the country's president, the economy was on the verge of a Great Depression.
Subdued exports remain an area of concern.
In less than an hour, seven of the top 10 India trends were fuelled by wishes pouring in for Prime Minister Modi from different quarters.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
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
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
Or a brief stop on the way to better times, asks Ajit Balakrishnan.
Jaishankar noted that it would be difficult to say what will happen in the future as there are a lot of "contradictions and frictions" out there today.
Traders are waiting for the earnings season to kick off.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
The 58-day yatra is aimed at seeking people's mandate in the assembly elections scheduled to be held later this year.
Traditionally, food prices have been seasonal in nature.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
India must focus on reforms.
