Business Standard Podcast

The domestic equities market is likely to be guided by RBI's policy review -- slated for Thursday -- and the release of PMI data for the manufacturing and services sector for March, among other factors. The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) will decide on the policy repo rate, which might be cut by at least a quarter percentage point in the meeting, according to a Business Standard poll, comprising three top bank treasurers and 12 senior economists...

The benchmark indices ended on a positive note for the second straight day on Friday, the last trading day of the financial year (FY19) 2018-19 amid buying in metals, pharma, and auto stocks.  The S&P BSE Sensex ended at 38,673, up 127 points or 0.33 per cent with Vedanta being the top gainer and IndusInd Bank the biggest loser. The NSE's Nifty50 index closed above the crucial 11,600 level at 11,624, up 54 points or 0.47 per cent. On a weekly basis, Sensex gained around 1...

In his party’s latest round of welfarism in the run-up to the Lok Sabha Elections 2019, Congress President Rahul Gandhi recently announced that Rs 72,000 per year – or Rs 6,000 a month – would be deposited directly in the bank accounts of the country’s 20 per cent poorest households.  The targeted beneficiaries of the proposed Nyuntam Aay Yojana (NYAY) are going to be 250 million individuals, or roughly 50 million families...

The release of key macroeconomic data, global cues, and foreign fund flows are among the factors that may sway investor sentiment on Friday. India's fiscal deficit data and infrastructure output data for the month of February is set to be released on Friday. Apart from this, stock-specific action, movement of rupee against the US dollar, and oil prices will also be closely monitored...

Buying in banks and IT counters helped benchmark indices Sensex and Nifty settle over a per cent higher on the day of March F&O series expiry.  The S&P BSE Sensex rallied 415 points or 1 per cent to end at 38,546, with HCL Tech being the top gainer and Tata Steel the top loser. Out of 30 constituents of the index, 24 advanced while only six declined...

The domestic equity market's movement today will be driven by the futures and options expiry for March contracts, with investors rolling over positions to April series.  Apart from this, stock-specific action, movement of rupee against the US dollar, oil prices, and FII inflows will also impact the market sentiment today...

India successfully test-fired an anti-satellite missile by shooting down a decommissioned Indian satellite, Prime Minister Narendra Modi on Wednesday announced in an address to the nation, describing it as an achievement that puts the country in the exclusive club of space powers.  After the test, India has become the fourth country in the world after the US, Russia and China to acquire the capability to destroy enemy satellites...

Benchmark indices Sensex and Nifty ended in the negative territory on Wednesday as investors booked profits in recent outperformers such as Reliance Industries (RIL) and financial counters.  The S&P BSE Sensex lost 101 points or 0.26 per cent to end at 38,133, with NTPC being the top drag and YES Bank the biggest gainer. RIL, HDFC Bank, HDFC, TCS, and Infosys contributed the most to the index's loss. In the broader market, the S&P BSE MidCap index gained 88 points or 0...

The equity market today is expected to be guided by stock-specific action, movement of rupee against the US dollar, oil prices, and FII inflows. That apart, the F&O expiry for March contracts due Thursday will also impact sentiment. On the global front, the British parliament is due to vote on a series of indicative votes to find a way forward on Brexit on Wednesday. After falling for two straight sessions, the domestic equity market made a solid comeback on Tuesday...

After falling for two straight sessions, the domestic equity market made a solid comeback on Tuesday amid heavy buying in select blue-chip counters such Reliance Industries (RIL) and bank stocks including SBI, ICICI Bank, HDFC Bank, YES Bank and Axis Bank.   The S&P BSE Sensex rallied 425 points or 1.12 per cent to settle at 38,233.41, while NSE's Nifty50 index closed at 11,483, up 129 points or 1.14 per cent. Nifty Bank index jumped 601 points or 2...