Snapping six-day losses, Indian stock indices closed in green Tuesday, primarily due to buying at lower levels and with BJP heading for a third straight term in Haryana.
After starting the current month on a tragic note, investors in the stock market will be closely monitoring the global geopolitical situations, outcomes of RBI's Monetary Policy Committee (MPC), and second quarter results of the companies, as per the market experts.
With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the State Bank of India (SBI).
The Reserve Bank of India (RBI) is expected to uphold the status quo on both policy rate and stance for the tenth consecutive time in its October policy meet, says a research report by the Bank of Baroda (BoB).
The central government has reconstituted the Monetary Policy Committee (MPC) under the provisions of the Reserve Bank of India (RBI) Act, 1934, the Ministry of Finance said in a statement.
India's foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released by the Reserve Bank of India (RBI) on Friday.
The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 basis points this year, and cumulatively by 1 percentage point as part of its departure from steady monetary policy, said investment banking company Jefferies in a report.
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.
Investors across financial markets, including in India, will look for fresh cues from the outcomes of the upcoming US monetary policy review meeting later this week, particularly the extent of interest rate cut, if any.
Investors across financial markets, including in India, will look for fresh cues from the outcomes of the upcoming US monetary policy review meeting next week, particularly the extent of interest rate cut, if any.
American central bank US Federal Reserve will most likely cut key interest rates twice this year -- once this month and again in December, anticipates S&P Global Market Intelligence.