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CII hopes that the RBI would not wait for the next quarterly review but intervene sooner if the economic condition warrants a mid-course correction.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
In the Sensex pack, Sun Pharma was the biggest gainer, rallying 4.48 per cent, followed by Bajaj Auto, Tata Motors, Coal India, Hero MotoCorp, Maruti and HCL Tech, rising up to 3.01 per cent. While, RIL, PowerGrid, HDFC, L&T, IndusInd Bank, NTPC and Bajaj Finance declined up to 1.50 per cent.
The Nifty ended down eight points at 5,080. The BSE market breadth was marginally positive. Out of 2,937 stocks traded 1,692 advanced while 1,156 declined.
If you are planning for a long-term goal like your child's education in a foreign university, invest about 20% of your portfolio in foreign assets that can provide a hedge against the rupee's depreciation.
The government kept its nerve in the face of a massive shock. It chose not to resort to a massive fiscal stimulus. It focused instead on providing liquidity support and easing restrictions on movement in stages, observes T T Ram Mohan.
Most Asian currency and equity markets too suffered steep losses due to US rate hike fears.
Experts pointed out that the government's poor planning and lack of investment in farm infrastructure have led to food shortage in the country, which is been capitalised by traders.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
RBI's latest rate cut is positive for the economy.
The rupee has already shed around 3.3 percent over the last five sessions.
No, because year-on-year data mask a sharp upward correction in industrial growth but a rate rise could see a surge of fund flows into India and prove counter-productive
District Magistrate Ravi Kumar on Thursday said that 75 teams have been deployed in Patna to sprinkle bleaching powder and remove animal carcass.
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.
'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
'Government intervention in agricultural trade is a problem for farmers.'
'Businessmen are reluctant to invest because there is a fear that private investors are being targeted by various agencies.'
The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.
'The 2019 election could well become a referendum on Narendra Damodardas Modi, in which case the BJP could prove all its critics wrong,' notes T C A Srinivasa-Raghavan.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Maruti Suzuki fears a drop in demand for the auto sector in FY 12
Investors still seem to have a disinflation bias to their thinking.
Like other central banks, the Reserve Bank of India is also concerned that spurt in food, commodity and oil prices coupled with fears of US recession could fuel inflation and slow down the economic growth. RBI Governor Y V Reddy and Deputy Governor Rakesh Mohan are also expected to deliberate on the impact of recent policy measures announced by the central bank.
The empowered group of ministers on fuel pricing is to meet this week to take a view on the price of diesel.
A delay in rains for monsoon-dependent India could pose challenges for the country's next government, possibly pushing up inflation and denting economic growth.
A faltering economy may have led to a re-think on economic strategy. And Mr Modi might think he is politically strong enough to take some risks. But there could be a minefield ahead, observes T N Ninan.
It is not clear as to whether we are in a bubble in technology stocks. What is clear, however, is that there is no reason why this potential bubble will pop anytime soon, notes Akash Prakash.
...but when they awaken, it's going to be overly optimistic to assume everybody will walk off the sleeping bed and come back to full life, Rajan noted.
If there is turmoil in currencies, gold can shoot up sharply, says author of Arora Report.
The study was conducted along with its research partner -- Nielsen Company in the last quarter of 2013.
Move 10 per cent of your portfolio to the yellow metal.
Nearly all the 43 economists surveyed over the past week expect the RBI to leave its key repo rate on hold at 8 per cent.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Raghuram Rajan said the passage of the GST Bill augurs well for the growing political consensus for economic reforms.
Scanty rain would have put extra pressure on food prices.
The Indian currency was tracking the non-deliverable forwards while lower stock futures also hurt sentiment.
The Sensex closed down 216 points at 19,782 and the Nifty slipped 62 points at 5,851.
Markets taking cue on future rate cuts from RBI policy.
Senior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
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