The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
Further outperformance hinges on pickup in industrial activity, buying by local investors.
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
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.
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
The RBI's next policy review is set for Sept. 29.
Gold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
The Indian rupee on Thursday appreciated by 12 paise to end at 66.71.
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
The rupee had revisited the near 2-month low of 60.55 per dollar earlier in the session.
The bankruptcy filing of Lehman Brothers on September 15, 2008 brings back the most vivid memories of the crisis.
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The broader consensus was that the Fed would cut the monthly stimulus of $85 billion by $10-15 billion.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
Make saving some of what you earn a monthly priority.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
India's economy is forecast to grow at 4.8 per cent in 2013, down 1.3 per cent from its earlier projection, the UN's World Economic Situation and Prospects 2014 report said.
Reserve Bank of India Governor Bimal Jalan said on Friday that there was no proposal to lower the short-term benchmark repo rate now.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
In New York market, the dollar fell against euro late yesterday, as European Central Bank President Mario Draghi said that central bank officials had discussed quantitative easing as an option to fight falling inflation.
'We are not producing good students who are examining issues independently of what they are being fed either by the media or their educators,' says Aakar Patel.
This will encourage exports and discourage non-essential imports such as precious metals
The flows may stem and redemptions pressure increase following the market meltdown of Monday amid mounting cases of coronavirus infection globally.
So far in 2019, India has been one of the highest recipients of foreign flows among Asian and Emerging Market (EM) economies
'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'
The Reserve Bank has taken some steps to shore up the domestic currency.
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
With the two latest resignations, 16 MLAs -- 13 from the Congress and 3 from the JD-S -- have quit while two Independent MLAs -- H Nagesh and R Shanker -- have already withdrawn support.
The rupee recovered by 11 paise to trade at 60.84 against the US dollar in early trade today on selling of the American currency by banks and exporters.
World champion Nico Rosberg's retirement announcement on Friday came as a complete surprise even to the man who knows most of Formula One's best-kept secrets, commercial supremo Bernie Ecclestone.
The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.
The dogs, who are fed regularly by the CRPF personnel, continued to bark, giving the personnel an idea that there were people hiding in a particular area.
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
India's news broadcasters are a national shame that have polarised Indians, observes Vanita Kohli-Khandekar.
The US Federal Reserve on Wednesday night hiked interest rates by 0.25%.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
RBI has, since January, cut its policy rate four times.
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The newly-appointed Governor Raghuram Rajan said on Wednesday Reserve Bank of India will offer a window to banks to swap the fresh FCNR-B dollar funds, mobilised for a minimum tenor of three years and over, at a fixed rate of 3.5 per cent per annum. According to Bank of America Merrill Lynch, "the move should fetch $8-10 billion", adding that the move would help in shifting rupee risks away from NRIs at a time of extreme volatility.
