Dec 20, 2014 at 09:46 | Source: Reuters
Wall Street rose, and the S&P 500 came within a few points of its closing record high. The index has gained 5 percent since Wednesday for its best three-day stretch since 2011.
Dec 19, 2014 at 16:03 | Source: Moneycontrol.com
Current trend of lower interest rates is expected to continue. Expect stronger GDP growth next year and rupee to depreciate against US dollar.
Dec 19, 2014 at 15:15 | Source: Moneycontrol.com
According to Angel Commodities, gold and silver price are expected to trade lower as rise in interest rates in the US in 2015 is a sure thing. Stronger dollar and weak oil prices will further act as a negative factor for prices.
Dec 19, 2014 at 12:59 | Source: Moneycontrol.com
The company said it expects revenue growth of 5-8 percent for the year ending August on a local currency basis, up from the 4-7 percent growth it had estimated earlier. The company, however, cut its earnings forecast, citing a larger-than-expected impact from a strong dollar.
Dec 19, 2014 at 12:23 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is expected to trade on a mixed note on the back of upbeat market sentiments and selling of dollars by the foreign banks will support an upside in the currency.
Dec 19, 2014 at 09:11 | Source: Moneycontrol.com
The Indian rupee has opened at 63.05 a dollar, up 6 paise compared to previous day's closing value of 63.11 a dollar.
Dec 19, 2014 at 09:02 | Source: CNBC-TV18
Pramit Brahmbhatt, Veracity says the rupee is expected to trade weak as overnight, the dollar is trading strong which will keep rupee under pressure.
Dec 18, 2014 at 22:00 | Source: PTI
As per ICRA's estimates, the subsidy burden on PSU upstream companies is expected to decrease to Rs 28,000-34,000 crore by FY16 as the overall GURs are projected to decline to Rs 56,000 crore during the year at crude oil price of USD 70 per barrel considering Rs 63 a dollar.
Dec 18, 2014 at 16:41 | Source: Moneycontrol.com
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 2.66 percent and 3.3 percent, respectively. Advancing shares outnumbered declining ones by a ratio of 2171 to 693 on the Bombay Stock Exchange.
Dec 18, 2014 at 12:40 | Source: CNBC-TV18
Although the rupee is at risk if the dollar continues to strengthen, the weakness would be limited and it would outperform other EM currencies going forward, says Manpreet Gill of Standard Chartered.