The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
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.
So far in 2019, India has been one of the highest recipients of foreign flows among Asian and Emerging Market (EM) economies
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from the Congress and 3 from the JD-S -- have quit while two Independent MLAs -- H Nagesh and R Shanker -- have already withdrawn support.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 flows may stem and redemptions pressure increase following the market meltdown of Monday amid mounting cases of coronavirus infection globally.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
The US Federal Reserve on Wednesday night hiked interest rates by 0.25%.
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.
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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.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
RBI has, since January, cut its policy rate four times.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
Rajan also said it's a problem of collective action and not a problem of industrial nations or emerging markets
India's gross domestic product growth rate slipped to 7%.
'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.'
Investor wealth on Thursday soared by Rs 1 lakh crore, triggered by heavy buying in the stock market, with the BSE benchmark Sensex surging about 382 points to close at near six-week high levels.
As the economy teeters between bad and worse, one question looms: What's the best course of action? Here's what can be done. And what can't
RBI has reiterated its faith in the Indian economy but it has also put forth some key concerns that have the potential to derail the growth engine.
Interest rates still aren't low enough to stimulate the U.S. economy. Washington needs to engender more inflation so "real" rates turn substantially negative
The rupee is stable, and a number other of measures have been taken to bring stability in the capital market, the FM said.
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According to the global financial services major, the primary concern for the RBI at the moment has to be anchoring elevated inflation expectations and stabilising the currency, which could face renewed pressures if the Fed begins QE tapering this week, as widely expected.
Unprecedented as it is, this steep cut in the interest rates effected by the Fed has the potential to dynamite the US dollar, the US economy and, by extension, the global economy.
Index majors NTPC, BHEL, Reliance Reliance Energy, Reliance Communications and HDFC, DLF, TCS, SBI and Bajaj Auto have zoomed.
The S&P and Dow dipped the most in a day since September 28.
The rupee is likely to strengthen to 60-61 level by this fiscal-end on expectations of improvement in current account deficit (CAD) and higher inflows from overseas investors.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
The rupee closed at Rs 66.21 in its last trading session.
India's news broadcasters are a national shame that have polarised Indians, observes Vanita Kohli-Khandekar.
Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
RBI Governor Raghuram Rajan on February 2, left the key interest rate unchanged citing inflation.
The fuzziness of Trump's economic blueprint remains the biggest risk.
In the latest large opinion poll, the opposition Bharatiya Janata Party and its allies were forecast to win a narrow majority in the 543-seat lower house of parliament, compared with previous surveys predicting that they would fall short.
Investors will keenly watch US Fed meet starting Tuesday
At its last policy review, the central bank left policy repo rates on hold at 7.25 percent, tying future cuts to inflation outlook.
A fall presents an opportunity to buy rate-sensitive stocks.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
India Ratings principal economist Sunil Kumar Sinha said the Brexit is a mixed bag for the country.
RBI will review the monetary policy again on September 29.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
