The next round of bad news could come from Europe, where banks in a number of economies such as Italy, Portugal and Greece are sitting on mountains of bad loans.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
In the United States, economic data is likely to take a back seat next week.
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
Adequate dollar supply gave a boost to the local currency
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Governor Rajan can be more unambiguously pro-growth.
The silver lining is that a pick-up in the US economy could help emerging market exports.
Janet Yellen is guiding the Federal Reserve towards its first rate rise in a decade armed with traditional economic models that some economists worry could fail her in a world of massive money printing and near zero rates.
As regards India, market valuations already reflect most positives.
OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.
This is the biggest one-day fall in the rupee since August 3, 2016
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Indian equity markets registered their highest single-day percentage gains since early October.
Fed is still concerned about weak export growth.
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
Gold prices staged a smart rebound to surpass the psychologically important Rs 28,000 milestone.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
According to a new report published by Switzerland-based BIS, which is also referred as 'bank for central banks', the US Federal Reserve's announcement of a possible phasing out of easy money regime has resulted in 'abrupt and sizeable' equity market losses in both advanced and emerging markets.
'Markets should be driven more or less by earnings growth.'
Markets ended weak tracking the expiry of April derivative contracts.
'...and defensive until the global macro headwinds turn more benign.'
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
In recent past, midcap stocks have performed well, say experts.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
While information technology companies will benefit, firms with high foreign borrowings or heavy dependence on imports will be hurt.
Sweden has the world's highest negative rate.
The breadth, indicating the overall health of the market, turned negative from positive
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances