The US-based Moody's today upgraded India's sovereign rating after 13 years to Baa2 with a stable outlook, from Baa3 earlier.
The government plans to infuse capital totalling Rs 2.11 lakh crore (USD 32.4 billion) into the banks. That's much larger than its previous infusions over the past few years.
Investors have been anxious to hear who President Donald Trump will pick as the nominee. A decision like Powell would likely be a continuation of the current stock market-friendly monetary policy that has helped fuel the market's more than eight-year bull run.
The benchmark Nikkei 225 index was flat in early trade after posting gains for the 11th straight session on Tuesday. Most automakers recorded losses while tech stocks were mixed: Mitsubishi Motor was down 1.43 percent, Nissan slid 0.51 percent and SoftBank Group declined 0.32 percent.
A look at top cues from the domestic and international markets that could have a bearing on D-Street today.
As many as 20 indices, including those for energy and finance, would be rejigged.
In Australia, the benchmark S&P/ASX 200 index was higher by 0.26 percent, driven by strong showings in its materials sub-index, which was up 1.57 percent.
Crude prices settled about 4 percent lower, ending their longest bull run in more than five years, hurt by a stronger dollar and concerns about rising OPEC exports.
The firm stripped Britain of its coveted triple-A rating after the Brexit vote last June, downgrading it by two notches to AA and assigning a negative outlook.
The one month return of S&P BSE Sensex stood at 3.9 per cent, while for South Korea's Kospi it stood as high as 6.1 per cent, for FTSE it was at 4.1 per cent and Hong Kong's HangSeng at 4 per cent, the research note by ICICI Prudential AMC said.
Indian banks' stressed assets are likely to increase to 15 percent of total loans by March 2018, S&P Global ratings said.
The negative outlook reflects the risk of delayed deleveraging for Glenmark, resulting in a ratio of debt to EBITDA.
The S&P 500 and the Nasdaq hit record intraday highs for the second day in a row on Tuesday as market volatility dropped to a decade low following Emmanuel Macron's victory in the French presidential election and strong U.S. corporate earnings.
According to trends available after three hours of counting of votes in the Assembly elections in the five states, the BJP was leading in 291 out of 396 constituencies in the 403-member Assembly in a stunning showing leaving their rivals far behind.
Here are the five factors that likely led to the huge win for BJP in Uttar Pradesh assembly elections.
Even if BJP wins in UP, life for investors will not change much, says Samir Arora, Founder & Fund Manager at Helios Capital. On the other hand, if BJP disappoints then it would have mattered only for few days.
Exit polls paint a rosy picture for Bhartiya Janata Party (BJP) in Uttar Pradesh and Congress still is dealing with existential crisis. The verdict for the battle for the states will be declared on March 11.
Billed as the big semifinal before the 2019 Lok Sabha Elections, and a referendum on PM Narendra Modi's demonetisation drive, most of the exit polls on Thursday predicted a BJP win in Uttar Pradesh, followed by the Samajwadi Party-Congress Alliance, with BSP being relegated to the third spot.
First, we begin with the comparison of two major opinion polls â€” one conducted by Axis My India and another by CSDS, with the polls of polls aggregated by News18. The polls focussed on three states: Uttar Pradesh, Uttarakhand and Punjab.
Prominent candidates who are in fray include former Cabinet minister Om Prakash, Parasnath Yadav, Ajay Rai, former MP Dhananjay Singh, Sigbatullah Ansari brother of Mukhtar Ansari and Seema Singh wife of jailed mafia Munna Bajrangi.
The polling percentage on these 49 seats was 55.04 in the 2012 state assembly polls.
As many as 43 winners in the just concluded Brihanmumbai Municipal Corporation (BMC) elections are facing criminal cases, says a report.
"Modiji says we have allowed the Congress to sit in our lap. But, his lap is comparatively bigger, hence, he has been able to give sitting space to a number of coalition partners," the Uttar Pradesh Chief Minister said at an election rally here.
Eyes will also be on Gorakhpur, the Lok Sabha constituency of firebrand BJP leader Yogi Adityanath, and Mau, where jailed gangster-turned-MLA Mukhtar Ansari is in the fray.