Apr 12, 2014 at 12:22 | Source: Moneycontrol.com
Q4FY14 earnings season kicks off with Infosys declaring results on Tuesday, followed by key results of TCS and IndusInd Bank on Wednesday, Wipro and HCL Tech on Thursday and Reliance Industries on Friday.
Apr 11, 2014 at 19:54 | Source: CNBC-TV18
Aditi Nayar, an economist from ICRA was expecting a growth of 0.9 percent in February IIP, instead it contracted to a nine-month low at -1.9 percent versus 0.8 percent MoM. But she does not see it impacting full year GDP much, which according to her will come in at 4.6-4.7 percent.
Apr 11, 2014 at 11:00 | Source: Moneycontrol.com
Banks are weak ahead of index of industrial production (IIP) data to be announced in the evening. Industrial output in February is likely to improve to 0.34 percent compared to 0.1 percent in January, according to a CNBC-TV18 poll.
Apr 11, 2014 at 09:05 | Source: CNBC-TV18
The uptick in core data is resulting in some overall optimism.
Apr 11, 2014 at 08:21 | Source: Moneycontrol.com
US stocks get derailed with 1-3 percent cuts; Nasdaq logs worst day since 2011. CBOE VIX jumps 15 percent to 16. Europe too ends lower. Asia joins the US rout, Japans Nikkei at 6-month low. Investors await Chinese CPI data.
Apr 01, 2014 at 08:56 | Source: CNBC-TV18
While most experts and brokerages don't think so, but SBI Cap has a contrarian view. It believes that the RBI has a penchant to surprise and hence there is a larger probability of a rate hike - perhaps of a smaller magnitude, which could be even sub-25 bps.
Mar 14, 2014 at 14:36 | Source: CNBC-TV18
Former RBI governor Bimal Jalan said that as a citizen he feels more emphasis should be given on growth and investment now.
Mar 13, 2014 at 19:13 | Source: PTI
Foreign brokerage HSBC said emergence of pleasing data and the likelihood of RBI holding its key rate on April 1, should not lead to believing that the rate tightening cycle is over.
Mar 13, 2014 at 17:07 | Source: CNBC-TV18
China still has some ammunition to provide support to growth. The recent inflation reading from China remained quite subdued
Mar 13, 2014 at 16:37 | Source: Moneycontrol.com
Citi is maintaining its view of an extended pause on policy rates. They believe that IIP is likely to see improving trends and that headline CPI could remain elevated in the near term.