Achieving inflation target of 4 per cent, recovery after remonetisation and hardening profile of oil prices are some of the risks which the RBI is watching closely, says Gaurav Kapur.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Policymakers have been grappling with high prices for food staples such as onions and potatoes even after the central bank raised interest rates by a quarter percentage point in each of its previous two reviews.
With Deputy Governor Viral Acharya and another member Chetan Ghate voting for a status quo, RBI governor Shaktikanta Das and three others outvoted them for reduction in repo rate to 6.25 per cent from the existing 6.50 per cent.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
According to the global financial services major, the Consumer Price Index based inflation is peaking off and is expected to be around 7.5-8 per cent in September.
Reserve Bank, in its mid term review of the monetary policy on Friday, decided to hike short term policy rate by 0.25 per cent after a gap of two years and ease liquidity by reducing the marginal standing facility rate for banks.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
Foreign Portfolio Investors purchased stocks worth about Rs 56,123 crore in 2016-17
'Markets are likely to remain choppy for the next 6 months.'
Similarly, the wide-based 50-issue CNX Nifty of the NSE jumped 109.30 points, or 1.46 per cent, to end above 7,500-mark for the first time at 7,583.40.
Sensex ends belowe 26,800 on domestic concerns.
For the entire UPA regime, from 2005-06 to 2013-14, the average annual farm growth according to the GDP back series data is 3.8 per cent, which too is higher than the first four years of the NDA, though these two periods aren't comparable because one spans nine years and the other four.
According to a survey by travel portal ixigo, economy airfares from Mumbai have shot up by almost 25- 30 per cent till the end of March.
A look at the key decisions taken by the Narendra Modi government in its six months.
The marginal rise in June headline inflation to 4.9 per cent may be a precursor to a pronounced increase in the coming months and RBI is unlikely to cut rates at the forthcoming policy meet on July 30, say analysts.
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
Terming the rise in October retail inflation despite a bumper crop as "disturbing", India Inc said the government must immediately address supply side bottlenecks to bring down the consumer price inflation.
As markets enter the new financial year and the long-term capital gains tax on the sale of stock investments kicks in, Abhinav Khanna, head of equities, Citi India, tells Puneet Wadhwa that he remains optimistic on the medium-to-long term growth of India, led by consumption recovery and the green shoots visible in the capex cycle.
The domestic currency had lost 63 paise to close at over four-month low of 61.18 against the dollar in Friday's trade on weakness in global stock markets and a strong US currency overseas.
Standard Chartered on Friday lowered India's growth forecast for the current financial year to 4.7 per cent from earlier 5.5 per cent, citing "upside risks" to inflation and fiscal deficit.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.
The Bank Nifty is high beta anyhow and it could move the broader market.
Most Asian markets were trading weak on Monday.
Dealers expect prices to fall further, owing to an impending rate hike in the US
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results.
Sensex in green in afternoon trade.
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
'If you want to keep a cow and do business you can keep it in your compound or your home, but not tie them up at public places.' Taking up this problem by its horns, the Brihanmumbai Municipal Corporation is planning to take action against all those who illegally tie cows to the footpaths and turn it into a business. The civic body has proposed to increase the penalty for tethering cows, bulls and horses to poles on roads and footpaths to Rs 10,000 from Rs 2,500. The proposal follows a request by Matunga corporator Nehal Shah, who said that at various places -- temples, footpaths and roadside corners -- cows are tied up to poles and passers-by pay owners to feed the animal. Speaking to Syed Firdaus Ashraf/Rediff.com, she says that tying up animals on the streets is tantamount to cruelty and that the steep fines will act as a deterrent.
India has been a core portfolio holding for emerging market funds.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Sensex climbs higher on favourable global cues.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
