So, how do you deal with a rate hike? Is there a right strategy?
The chances however of an immediate rally to new life-time high appear slim as the index has a strong resistance to contend at 6,275-6,330. As long as the Nifty trades below 6,350, there would be a strong case for a slide to the major support at 5,750-5,800 range.<br /><br />
Bhattacharya said the bank will lend to all the sectors where it sees viability but added that it will focus more on growing the retail book.
Traders itching to "strangle" or "straddle" the newly launched shares of Twitter will finally get their chance on Friday when trading in the social media company's options launches on US exchanges.
If you are thinking of buying a ready-to-move in property or a flat from the secondary market, make sure you scrutinise all the necessary documents or else your dream home could turn out to be an expensive disaster.
Indian stocks are being lifted not only by the US delay in tapering quantitative easing but also RBI governor Raghuram Rajan, who raised interest rates in an attempt to bring India's soaring inflation under control.
"The meeting was very constructive and positive. The issue of British investment in the state figured at their meeting. They want to invest here," a top source told PTI after the 30-minute talks at the British Deputy High Commission here.
He has only good things to say about the economy. CAD will be better this year, he said. But he did not make a mention about the fiscal deficit, which is a bigger worry now. The government has not come out with a concrete plan to rein in this, though the finance minister has reiterated he will control it.<br /><br />
Diversification helps in managing the risk, since the value of your assets can change every now and then.
Indian equity markets jumped in opening trade today after RBI governor Raghuram Rajan sought to calm the forex and bond markets which have been volatile this week after better US data sparked fears of US fed tapering.
As part of OMO auction, the RBI will sell four government papers maturing between 2015 to 2025.
EOW has invoked the Maharashtra Protection of Interest of Depositors Act in the case, which empowers them to attach immovable assets of the accused.
Coal Minister Sriprakash Jaiswal had earlier said that the Coal India disinvestment may take place either this month or in December.
The BSE Sensex opened 28 points at 20254, Nifty down 18.95 points at 5999.10.
The Indian markets closed deep in red as the rupee was on track for its fifth down day. Analysts rule out a depreciation to the levels of near-69, but don't rule out 64 levels in the near term.<br /><br />
Amid tax treaty uncertainties, India's share of the number of investments made by global companies through Mauritius has almost halved in the past two years even as Africa's share has surged significantly.
Morgan Stanley lowered its industry view on internet stocks to "in-line" from "attractive," saying growth in the sector needs to accelerate to justify current valuations.<br /><br />
Indian markets opened flat this morning ahead of the September IIP and October CPI data, which will be released later today.<br /><br />
Things to know before the opening bell.
Citibank, HSBC and UBS Securities are among the five merchant bankers selected to manage the IOC share sale.
The European market regulator said that Sebi faces three main challenges that impact the effectiveness of its regulation on the securities market participants.
The Indian equity markets opened in the red this morning after the rupee breached the 63 mark against the US dollar for the first time since 30 September.<br /><br />
Sebi's scrutiny follows detailed queries shot off by RBI to various regulators in India and abroad as part of its due-diligence of entities seeking to enter banking arena.<br /><br />