Consolidation is the prime mood of the Indian equity market at the moment.
Forex dealers said besides robust month-end demand for the American currency from oil importers, dollar's strength against its rival currencies on expectations of rising interest rates amid lingering Sino-US trade tensions, weighed on the domestic currency.
Top gainers in the Sensex pack included Bharti Airtel, Tata Motors, IndusInd Bank, Kotak Bank, Hero MotoCorp, Asian Paints and PowerGrid, which rose up to 2.53 per cent.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
ITC was the top laggard in the Sensex pack, tanking 6.97 per cent, followed by L&T, HDFC, SBI, ONGC, ICICI Bank and IndusInd Bank.
RBI Governor Raghuram Rajan in his maiden policy review, however, eased liquidity though a reduction in the marginal standing facility rate, at which banks borrow from the central bank, by 0.75 per cent to 9.5 per cent.
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
Young Indians seem genuinely enthusiastic about craft brands that are hip, aspirational and have plenty of the novelty quotient, says Dhruv Munjal.
The polls are being viewed as a run-up to the general elections scheduled for May 2019 and will test the popularity of the government and its policies amid rising crude oil prices
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
Wipro, India's third largest information technology (IT) services company, is expected to continue with its strong show during the October-December quarter of financial year 2014.
Asian shares have begun the week on a plaintive note.
To shed more light on how GST will affect the individual as well as the nation, Rediff Chat has lined up experts to field your queries.
Suppose you have transferred money to your trading account but did not use it to buy securities, the broker could misuse this money, warns Sanjay Kumar Singh.
India VIX has been mirroring the CBOE Volatility Index.
Feroze Azeez, deputy chief executive officer of Anand Rathi Private Wealth Management, appeared on Rediff Chat to answer readers' queries on GST.
Financial services firm AnandRathi analysed the key points of the policy soon after it was announced.
.jpg)
Else, more capital outflow and pressure on rupee likely.
Short sellers may capitalise on the weak sentiment owing to the dispute between co-founders Rana Kapoor and Madhu Kapur.
As many as 142 stocks from the S&P BSE500 index are currently trading below their level of May 12, 2014
Rajan's appointment will be perceived as a positive development.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
Last week, the Consumer Price Index-based inflation for the month had contracted to 4.4 per cent.
Inteview with Senior vice-president (equity research), Anand Rathi
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
The Sensex will then rally further and end 2016 at 28,000, according to the median forecast of 50 analysts polled in the past week.
The news that exports to the US will not restart before next year as well as the September quarter performance are sentiment dampeners.
Food prices, which have contributed to a large part of inflation over recent years, have remained benign, despite unseasonal rain.
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
Markets ended in red; index heavyweight under pressure.
Getting locked into instruments before the new regime kicks in would be a good strategy.
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
It is the fundamentals of companies that will drive stock performance.
Sensex is now as expensive as in early 2008
Lock into these long-term bonds for higher interest rates and capital appreciation
Trading in agri commodities on Saturdays to be reviewed later; more changes likely in the coming months to align with global pattern.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances