The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
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In the Sensex pack, Vedanta took the biggest hit (5.55 per cent), followed by Tata Motors, SBI, Yes Bank, Bharti Airtel and Infosys, which lost up to 4.50 per cent.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.
The rupee surged to its highest level in five weeks to end at 65.58 by gaining 38 paise against the US currency.
Deposit rates for non-resident Indians may rise following Tuesday's rate hike by the US central bank Federal Reserve and due to the impact of forthcoming India Millennium Deposit redemptions worth over $7 billion, bankers said on Wednesday.
Foreign brokerage HSBC has said it expects the rupee to trade at 60-levels by December against the dollar even though risks on the domestic unit from both external and domestic fronts have increased.
Sensex to end this year at 27,500 and reach 29,000 by mid 2016.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
In response the BRICS - Brazil, Russia, India, China and South Africa - have taken steps to strengthen cooperation such as setting up a joint development bank
This is the fourth straight weekly plunge for both the indices.
The broader NSE Nifty reclaimed the key 10,100-mark and touched a high of 10,155.65, before finally settling at 10,124.35
Reserve Bank of India Governor Raghuram Rajan, in a hurriedly called press conference, said that the central bank has now routed back most of the dollar demand from oil companies to the market.
With Greeks' rejection of rescue package from creditors spooking markets, the government on Monday asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight of investment.
A video of Head Constable Iqbal Singh feeding the boy has gone viral on social media and has won plaudits for the security forces operating in Kashmir.
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
Since the burden of 'reserve' tax has fallen primarily on SMEs as they depend on bank finance, a further hike in its Cash Reserve Ratio will definitely hit the SMEs and small savers.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
Rupee, he said, is not in shambles and "we should not be overtly pessimistic".
'India is possibly the most fiscally constrained market in the region.'
Gold has risen sharply due to rising risk aversion
The Fed's interpretation of the increase in gas prices is the economist's basic mantra of supply and demand.
Global events will continue to be in the limelight, besides domestic policy.
Gold was among the least bruised by Monday's selloff, dropping half a percent versus a 6 percent slide in Brent crude and a 2 percent decline in copper.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
The decline bolstered bets that the Federal Reserve will hike interest rates in mid-2015
This brings the Fed a step closer to raising interest rates this year
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.
Mark Mobius doesn't see any crisis brewing in emerging markets.
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The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
At present, the repo rate acts as the policy rate when liquidity is in deficit mode while reverse repo becomes the operating rate when there liquidity is surplus.
The rupee has dropped by 60 paise or 0.89 per cent in the last three trading days.
Further outperformance hinges on pickup in industrial activity, buying by local investors.
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.
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