Data showing foreign institutional investors have slowed their purchases in domestic shares further added to the weak sentiment.
India is still the best story in major emerging markets from a 5-year perspective.
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
Traders rejoice when the Fed drops the rate, but...
'Helicopter drop' was first proposed as an alternative to quantitative easing.
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
The domestic currency had gained a massive 47 paise to close at 60.60 on Friday amid heavy selling of the US currency by corporates, exporters and banks.
It is thought that the RBI has been accumulating dollars to fight odds.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
A five-point guide to redress your banking woes
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
Bank of Baroda ended flat after sharp gains in the previous session.
Christopher Wood, global head of equity strategy at Jefferies reiterate his bullish view on Indian equities on the back of a steady fall in Covid cases coupled with a sharp economic recovery in India, reports Puneet Wadhwa.
Insufficient rainfall will have a negative impact on the economy.
Better supply management and check on hoarding should be able to prevent food price spikes
The US Federal Reserve's decision to continue bond-buying has lifted investor sentiment for gold and silver.
The rupee weakened against the dollar in late trades on Thursday tracking weakness in the equity markets.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Markets will watch the policy meeting on June 18 and 19 for clues to a rollback of stimulus measures. Fed officials are divided over their ultra-easy monetary policy and some warn it could stoke future inflation and financial instability.
An immediate RBI rate cut will lower lending rates for banks' MSME/retail/mortgage loans before the 'busy' industrial season ends in March.
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The country has enough forex reserves to meet the demand.
Tech Mahindra was the top laggard in the Sensex pack, cracking over 5 per cent, followed by Infosys, HDFC, IndusInd Bank, Reliance Industries and NTPC. On the other hand, Hero MotoCorp, L&T, Maruti, UltraTech Cement and Sun Pharma led the gainers' chart.
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
'Markets are likely to remain choppy for the next 6 months.'
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11.
Indian markets too saw a deep fall as a result of the Federal Reserve's shift in policy and the Nifty and Sensex ended down more then 2.5 per cent in the negative, whereas the Europe is trading in red too.
Be careful while investing at the current levels and stay away from stocks of leveraged companies.
Nearly half of the 20 indexes polled globally are now expected to end the year lower than where they started
Any market correction, analysts say, would be an attractive entry point for risky assets, which should do well over the medium-to-long term.
If global stagflation takes hold, it will force China to accelerate its reforms to float its currency and create a single, independent and market-based financial system. When that happens, the dollar will collapse.
India's economy is in much better shape to weather tighter U.S. monetary policy.
'Rising Covid cases and localised lockdowns are being closely monitored.'
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
RBI Governor Raghuram Rajan on Friday said keeping inflation low is the key task for sustainable economic growth of the country.
A weak dollar in overseas market in view of the Federal Reserve's cautious stance on interest rate strengthened the rupee value.
National auditor says a significant part of NPAs was due to fraud and may never be recovered
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
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