The rupee on Monday slipped by 5 paise to close at 63.57 per dollar on fresh demand for the American currency from banks.
The rupee had strengthened by 19 paise on Monday.
Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.
The S&P and Dow dipped the most in a day since September 28.
Sensex to end this year at 27,500 and reach 29,000 by mid 2016.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
Market experts poohpooh fears of capital flight from India.
Markets now expect the Fed to normalise rates gradually.
They expressed concern on taxation issues, the high fiscal and current account deficits, and sought removal of capital gains tax.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
Federal Reserve Chair Janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery.
Participants are keeping an eye on the Winter Session of Parliament, which started today, and US fiscal policies to be followed by President-elect Donald Trump
Fed seen holding rates steady as investor confidence shakes
The central bank maintained its bias towards a rate hike.
Tata Motors was the top gainer on better-than-expected June quarter revenues
This was the near-unanimous replies of 10 market participants.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
India's numbers have shown a reasonable amount of improvement.
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
US job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 per cent, underscoring the economy's resilience in the face of slowing global demand.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
The US dollar has risen about 15 per cent since mid-2015.
The Bank Nifty is high beta anyhow and it could move the broader market.
Gold is often considered a 'hedge' against an economic uncertainty.
Dealers expect prices to fall further, owing to an impending rate hike in the US
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
The fuzziness of Trump's economic blueprint remains the biggest risk.
The 30-share Sensex ended higher by 30 points.
Given the developments, analysts do not foresee a quick recovery.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
The markets stayed on edge last week due to the endless saga of Greece's problems.
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
Sweden has the world's highest negative rate.
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