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Technicals with Kunal: A rhythmic chart signals a high ahead; Or is it a bull trap?

This chart would place in what I call a classy perspective, says expert Kunal Bothra. Price patterns do reoccur and the chart here is based on a similar view.

What has brought bonanza for rupee arbitrageurs

The difference between onshore forwards and offshore non-deliverable markets is about six to 12 paise across contracts ranging from one to three months in maturity.

Bank of India cuts base rate by 25 bps to 9.70%

The reverse repo rate, at which it accepts banks' excess liquidity, will be 5.75 per cent, while the cash reserve ratio is kept unchanged at 4 per cent.

Rupee trades higher against US dollar

Hit by month-end dollar demand from importers, the domestic currency had fallen by 18 paise against the greenback to settle at 66.16 on Thursday.

ETMarkets after hours: Rate-sensitives end mixed; Maruti hits a 52-week high

Rate-sensitive stocks from realty, banking and auto sectors closed mixed after the Reserve Bank of India (RBI) decided to keep its policy rate unchanged at 6.25 per cent.

3% fiscal deficit would have spurred RBI to do a rate cut: Nilesh Shah, Kotak AMC

RBI has played very conservative but do not expect any knee-jerk reaction in either debt or equity market. The trajectory of inflation is on the elevated side, says Shah.

Rate cut if at all, likely in April: Rajnish Kumar, SBI

MCLR or the lending rates are very much dependent upon banks' ability to cut deposit rates after taking care of depositors, senior citizens.

ETMarkets Morning Podcast: What's going to sway your market today

As much as 89 per cent of the respondents said RBI may cut rates by 25 bps while 11 per cent see it holding steady.

Too early to conclude 7 per cent growth will be a norm: Madan Sabnavis

"Probably for the next couple of months, we will see the 7 per cent growth."

Debt mutual fund investors are in for a treat

Mutual fund experts believe that a lower fiscal deficit and a likely rate cut by the Reserve Bank of India this week are likely to push up the Net Asset Values (NAVs) of debt mutual funds.

Markets to follow global developments; build short positions: Ashwani Gujral

For resistance, Nifty should not go past 7,930-7,950 and, hence that should be your stop loss, says Gujral.

FIIs barred; short-term bond market dries up

There have been 244 issuances with maturities between one and three years, aggregating to Rs 38,294 crore between November 1, Rs 2014, and January 23.

Government may nominate three MPC members this month

MPC was set up by amending the Reserve Bank of India Act, 1934, through the Finance Bill 2016. Under this new system, the RBI Governor is ex-officio Chairperson.

RBI Governor need not be a 'rockstar' to be successful: Fitch

Diron further said two sets of policies and decisions by the Reserve Bank would be relevant to India's sovereign credit profile.

No silver bullet, government working on rate transmission: Jayant Sinha

Sinha said that deposit growth has been a little slower than the past, but there is plenty of deposit in the system to finance projects.

Inflation could rise on bad monsoon, currency decline: Moody's

In its first bi-monthly monetary policy review for 2016-17, RBI has projected consumer price-based inflation to be around 5 per cent during the fiscal.

Market outlook: Nifty50 to continue upmove, faces hurdle at 8,840

Nifty could move between the 8,900 and 9,100 range. RBI policy meet and assembly elections are unknowns that could sway the market in either direction.

In 3-5 years, we will see the real progress: Abizer Diwanji, EY India

Most of the problems of the banks are with regard to bad loan resolutions

Another volatile quarter likely for Indian markets: Morgan Stanley

"We expect more IPOs and other follow-on offerings in the coming months as companies raise both growth and balance sheet repair capital," the report said.

What changed your market while you were sleeping

The 25 basis points rate cut on Wednesday could not enthuse traders, as the Nifty50 dropped in late trade.

I am glad that RBI has stuck to the script: SK Ghosh, SBI

In an exclusive chat with ET Now, SBI's SK Ghosh said that 25 bps rate cut was as per the market expectation.

What changed your market while you were sleeping

Analysts noted that supports for the index are moving higher.

Sensex, Nifty50 rise another notch to scale fresh peaks

Market however remained rangebound throughout the day ahead of RBI policy meet.

ETMarkets After Hours: Bank stocks make merry; pharma counter takes ill

Bank stocks made merry on Monday pushing the Nifty Bank to a new closing high of 25,103.

RBI governor Raghuram Rajan to switch hats with students

The first bi-monthly policy for FY17 will coincide with the final rounds of the 'Reserve Bank of India Policy Challenge'.

Sensex, Nifty and Nifty Bank hit fresh lifetime high

Sentiment was upbeat from the beginning with rotational buying in rate sensitive stocks.

SKS Microfinance rallies for second straight day as RBI raises borrowing limits

SKS Microfinance Ltd continued its rally for second straight day and gained as much as 2.15 per cent in intraday trade on Wednesday.

India will perform in line with the global emerging markets index: Robert Parker, Credit Suisse

​Taking a 2-3 months view, the downtrend in India in interest rates is intact

Very difficult for RBI governor Raghuram Rajan to argue a case for holding interest rates: Mythili Bhusnurmath

In this interview, Mythili Bhusnurmath talks about RBI's policy-meet and that governor will cut interest rates.

Sensex down 200 pts, Nifty extends gains; Pakistan stocks crash

Analysts noted that Nifty OI has been lowest since the start of calendar 2017.

What changed your market while you were sleeping

Analysts noted that Nifty open interest (OI) at present is lowest since the start of calendar 2017.

RBI arm-twisting banks; that’s not how mature financial markets function: Mythili Bhusnurmath

"It is very unfortunate that after moving towards deregulation and market forces, the RBI seems to be going back to the policies of the 60s and 70s."

Aptech banking and finance academy ties-up with Geojit BNP Paribas

The company will be able to offer professionals insights into key capital markets trends, the emerging investor trends and the future of the financial markets.

Rupee heads toward 61 against US dollar

A lower opening at the domestic equity mkt and the dlr's rise against other major currencies overseas also put pressure on the rupee, dealers said.

Rupee down 2 paise against dollar in early trade

The rupee fell marginally by two paise to 63.12 against the dollar in early trade today at the Interbank Foreign Exchange market on increased demand.

RBI move risky, inflation focus narrow-minded: D-Street experts

This is a risky move by RBI since the market was positioned for a rate hike: Abheek Barua.

Data dependency not the right way to go for rate cuts: Mythili Bhusnurmath

I am not very sure whether the data dependency is the right way to go. So I do hope he has taken the right call.

Services PMI cools to 3-month low, rate cut hopes brighten

The Nikkei Services Business Activity index fell to a 3-month low of 51.4 in February, from 54.3 in January, as increase in prices led to muted demand.

Nifty may test sub-8,400 levels if it breaks below 8,490: Mitesh Thacker

For next two-three days, two levels — 8,560 and 8,490 — will be keenly watched, says Thacker in a chat with ET Now.

Year-end special: 2017 is going to be volatile, says Amandeep Chopra of UTI MF

2017 is going to be fairly a volatile period. The dynamic bond funds are suited to try and capture any shift in yields.

Market Movers: RBI's monetary policy, cooling oil prices and more

A look at top macro triggers that may move market on Wednesday.

Fixed income funds may turn boring in 2017; stay with largecap funds

Improving macroeconomic situation and strong buying by foreign portfolio investors (FPI) helped the market gain in the second and third quarters.

Nifty to be in 6100-6250 range: Sandeep Wagle

"Nifty to be between 6100 on downside and 6230-6250 on upside."

India very well cushioned to absorb Fed rate hike: CEA

US Federal Reserve raised interest rate yesterday, only the second time in a decade.

People will continue to invest in PPF despite rate cuts: Praveen Gupta, MD (Compliance & Risk), SBI

Praveen Gupta, MD (Compliance & Risk), SBI talks about the PPF, KVP rate cut, RBI's policy meeting and other things in this interview.

RBI’s neutral stance should be a salve for bond markets: Mythili Bhusnurmath

“But I would have liked a little bit more clarity on why has the RBI kept its GVA estimates the way it has.”

Rs 5 LAKH CR GONE IN SECONDS: What’s driving this mad selloff in equities

Sensex cracked over 1,274 points to hit a low of 33,482, before making a smart rebound.

Slow GDP recovery may change government's policy stance: Report

According to UBS, India's macro backdrop is very different now as against 2008, the last time India adopted CPC and expanded fiscally.

Rupee rises 3 paise to 67.81 against US dollar ahead of RBI meet

The domestic currency had closed 6 paise lower at 67.84 against the greenback in the previous session.

Ignore market moods, stay focussed on your financial goals

"Investors should look at the long-term market trend to reassure themselves that such ups and downs are common in the market."

Realtors unhappy over status quo in monetary policy

CBRE South Asia Chairman & MD Anshuman Magazine said: "The RBI's move of keeping base rates unchanged was expected by the industry".

You thought Nov was ugly? Deutsche Bank says brace for more outflows in Dec

Foreign funds pulled money from stocks at the fastest pace since 2008 in Nov on Trump’s surprise win and PM Modi’s cancellation of high-denomination notes.

Mapping the market: RBI’s rate surprise spooks D-St; auto stocks come out on top

RBI disappointed the market and rate-sensitive stocks took a plunge. Among the 12 components of the Nifty Bank index, 11 ended in the red.

How much gold will India consume? traders bearish, WGC bullish

Though gold price is down by 10.3% since November 8, a cash shortage in the market is keeping rural India that accounts for 60% of the country’s gold consumption, away from the yellow metal.

7850-7900 should be the immediate bottom: Vivek Mahajan, Aditya Birla Money

We are also trying to be very careful in the financial sector where over ownership was pretty high and the demonetisation move is likely to be a disruptor for a lot of companies focussing on LAP.

Top five factors that will chart market direction on D-Street in the coming week

December may offer negative surprises, causing market to create a panic bottom. If that happens, investors should use the opportunity to aggressively invest.

Tech view: Bears are back! Nifty50 forms bearish candle on the charts

To prevent any further damage on the charts, the bulls should push the indices above 8,250 level. Unless this happens, one should not carry forward long positions.

Tech view: Nifty50 forms ‘short bull candle’; the 200-SMA holds key now

The index has taken a halt from the selling spree as investors are in a wait-and-watch mode ahead of the RBI and the US Federal Reserve’s rate-setting meetings.

RBI Governor Raghuram Rajan's long-term desire is to return to academia

Rajan was also asked about the criticism he has been subjected to, most prominently from BJP MP Swamy who alleged that Rajan is mentally not fully Indian.

Here's why your wait for cheaper loans just got a little longer

Rajan felt that poor demand from corporates could have refrained banks to lower lending rates, which means that retail borrowers will have to wait a little longer for rate cut too.

Expect 50 bps rate cut on December 7: Dr SK Ghosh, Chief Advisor-Economic Research, SBI

25 is the consensus but there is every possibility that the rate cut could actually be 50 in terms of overall impact.

Bankers welcome RBI Governor's dovish policy tone

"Inflation trajectory seems in line with RBI prognosis, though we are hopeful of inflation possibly undershooting the 5% target," the SBI chief said.

Rupee appreciates 5 paise to 66.91 ahead of RBI meet

Trading in the domestic currency was also influenced ahead of the outcome of the Reserve Bank of India (RBI) policy review scheduled for the day.

In RBI's spat with New Delhi, reform is the victim

Rather than asking for meetings with the MPC, the FinMin should be hammering on the doors of other ministries asking why the pace of reform is so slow.

Want to make money in a range-bound market? Selling a straddle is an option

The strategy comprises selling an 8000 December series Nifty call and put around Wednesday's closing prices for a combined Rs 332.

Rupee plummets to 7-month low, down 38 paise to end at 61.53 vs US dollar

Sustained capital outflows also kept the rupee under pressure while some weakness in dollar overseas was not able to stem the rupee fall.

Demonetisation to up revenue, may not support credit profiles: Fitch

The BJP's victory margin, however, fell substantially from 2,41,301 in the 2014 general elections in Shahdol.

Stay extremely selective on financial space; prefer private banks: Mayuresh Joshi

Stocks like Axis, ICICI and Yes Bank are something that I like the most, says Joshi. I will prefer to buy these stocks on declines, he adds.

Expect significant political element in 2018 Budget: Krishna Memani, Oppenheimer Funds

“Indian economy benefiting from continued flows from foreign investors into emerging markets.”

NSE to launch new IRF contract tomorrow

An IRF is a contract between a buyer and a seller agreeing to the future delivery of any interest-bearing asset such as government bonds.

Hold your horses, let the markets settle down: Daljeet Singh Kohli, IndiaNivesh Ltd

I think it is better to wait for some more time for the market to settle down little lesser from here, then look at buying, says Daljeet Singh Kohli.

ETMarkets Morning Podcast: What's buzzing on Dalal Street this morning

Tune in: News, views and cues you need before starting your day on D-St.

Q4 earnings better than expectations; all eyes on RBI review: Dipan Mehta

The expectations from the earning season were quite low, which certainly helped in reining in the prices, says Mehta.

Urjit Patel-led MPC raises concerns over farm loan waiver by states

RBI said the risk of fiscal slippages, which can entail inflationary spillovers, has risen.

Markets in for a roller-coaster ride, say experts

Investment flow of foreign investors, movement of the rupee against the dollar and progress of the monsoon will also dictate the trend.

What is happening to Birla Sun Life Dynamic Bond Fund?

Maneesh Dangi explains the underperformance of Birla Sun Life Dynamic Bond Fund after RBI changed its monetary policy stance.

What changed your market while you were sleeping

Nifty50 futures on the Singapore Stock Exchange were trading 2.5 points higher at 9,678, indicating a flat opening for the domestic market.

What changed your market while you were sleeping

Nifty50 futures on the Singapore Stock Exchange were trading 7 points lower at 9,687, indicating a flat opening for the domestic market.

Raghuram Rajan too may have cut interest rate like Urjit Patel did: Fitch

However, it does not take a governor with "Rajan's high profile to run a central bank that prioritises inflation and delivers economic stability," it said.

2018 is going to be very volatile, to test mettle of long-term investors: Dipan Mehta

This year will certainly test the mettle and patience of the long-term investors.

Rupee edges up 3 paise to 64.48 against US dollar

Forex market sentiment turned bit shaky after growth declined to 6.1% in the January-March.

Wondering why they're still buying stocks on D-St? We know the secret

Domestic interest rates explain what's behind these high-but-not-expensive PE ratios.

Bank Nifty likely to outperform Nifty: Sandeep Wagle

I would talk of 19,000 levels being tested in the Bank Nifty. Maybe in the second half, there can be some choppiness.

RBI's status quo on rates disappointing for markets: VG Kannan, SBI

"The RBI will have to take some steps regarding liquidity — either by way OMOs or cancellation of some of the auctions. It's the only thing that can give some comfort to the markets."

Rupee little changed against US dollar post RBI's status quo on policy rates

Earlier, an ET poll among 15 market participants showed, nobody expected a cut in the benchmark rate, now at 6.75%.

Nifty seen trading in 7500-8500 range: F&O Tracker

Relative out-performance from banks was overshadowed by price destruction in pharma, IT and capital goods space after earnings disappointed.

Rupee trades higher against US dollar

India’s November PMI print is scheduled for release on Tuesday, but RBI policy will hog the limelight.

Rupee trades lower against US dollar

The rupee fell by 7 paise to 66.85 against the US dollar in early trade on Monday, tracking weakness across other Asian currency markets.

11 financial moves that will help you make money in 2019

Here are 11 smart money moves you can make in 2019. These strategies can improve your finances and make your richer in the new year.

Limited room left for further upside, says P Phani Sekhar, Karvy Stock Broking

The market will sulk further until it settles down and probably find new reasons to cheer, says Sekhar in an interview to ET Now.

Realty stocks shine; HDIL surges 24%

Among others, Unitech jumped 8 per cent, Indiabulls Real Estate surged 7.25 per cent and Anant Raj Ltd climbed 6.24 per cent.

Rupee down 18 paise against US dollar in early trade

Rupee today lost 18 paise to 59.22 against the dollar in early trade due to month-end demand of the US currency from banks and importers.

Markets may turn sideways before seeing any rebound: Ashwani Gujral

Gujral believes that the market may fall and then remain sideways, before seeing any upside. Market will also seek support from positive domestic events, he adds.

Govt, RBI playing middle overs well; patience will pay in equity

The benchmark indices reacted negatively to the 25 bps rate cut. That’s the stock market for you! But talk to experts, and the tone is markedly different.

Shift in RBI’s liquidity management policy lifts mood of bond traders

The central bank has acknowledged liquidity management in two ways: short term, and permanent durable liquidity, in line with broad market thinking.

Tech view: Nifty50 forms ‘Long White Day’ on charts; 8,800 level a big hurdle

The index came within kissing distance of the 8,750 mark, but managed to close above its 50-day EMA placed at 8,653, which is a bullish sign.

Midcaps playing spoilsport; see correction to continue ahead of RBI review on April 7: Ashwani Gujral

A selloff in midcaps spoils sentiment much more than a fall in that of largecaps; this is a space where the trading crowd is, points out Ashwani Gujral.

Earnings need to rebound to catch up with valuations, justify fresh buying: Pramod Gubbi

Valuations have reached levels where you desperately need a recovery in earnings to justify fresh buying, said Gubbi in an interview to ET Now.

Time to tread with caution: Nifty50 has immediate resistance at 8,750, 8,820

A change in overall market trend and upcoming volatile events like RBI policy and US Presidential elections which might give a sudden spike to the market.

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