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StanChart bets on 25 bps rate cut, sees bond yields at 7.8%

Bond yields are likely to nudge down around 7.8 percent in the near term as rate cut hopes get stronger, says Stanchart economist Anant Narayan to CNBC-TV18.

Nifty @6K: RBI policy next trigger; hold longs, say experts

The Nifty today crossed the 6000 mark for the first time in two years after the US Congress passed the â€˜fiscal cliff‘ deal. The market opened the day on a positive note at 5,982.60, and breached the 6,000-mark during late morning trade. The Nifty closed trade at 5993.27 today.

Mkt to remain buoyant for first quarter of 2013: Edelweiss

Vikas Khemani of Edelweiss Securities told CNBC-TV18 that he is optimistic on the market and expects it to remain buoyant for first quarter of 2013.

Govt plans to create sovereign wealth fund

The finance ministry is working on the contours of the sovereign wealth fund and there may be an announcement in next year‘s Budget.

Q2 CAD hits all-time high of 5.4% of GDP

Second quarter current account deficit has hit an all time high of 5.4% of gross domestic product as exports fell by 12%. Also trade deficit has climbed to USD 48 billion. CNBC-TV18‘s Latha Venkatesh reports on the key economic data points and what does it mean for the Indian economy?

Budget 2013: Refrain from timing mkt; cherry-pick sensibly: Purushottam

Professional investor Sangeeta Purushottam explains to CNBC-TV18 that retail investors should refrain from trying to choose the right time to enter the market and cherry-pick stocks, in the event of a market sell-off from protracted delay in the fiscal cliff negotiations, that are likely to do well when the market recovers.

Budget 2013: Dull earnings-growth casts pall on bull mkt hopes: Experts

Independent market analyst Girish Pai explains, in his analysis on CNBC-TV18, that a boost in the growth in earnings was vital for a bull market as proved by the bull markets in 2003-2007.

See RBI easing rates in Jan; repo cut by 25 bps: Nomura

In an interview to CNBC-TV18, Neeraj Gambhir of Nomura India gives his expectations from the RBI monetary policy expected in January.

Five-year annual growth target of 8% ambitious: PM

India's annual economic growth target of 8 percent for the next five years is "ambitious", Prime Minister Manmohan Singh said on Thursday.

Mkt may touch 22000 in 2013; cautious on Axis Bk: Religare

Tirthankar Patnaik of Religare Capital Markets, says that he expects the Sensex to touch 22200 based on valuation multiple of 14x. He also says that he does not expect the RBI to ease meaningfully in near rterm.

Budget 2013: Budget to simplify tax code, widen net & boost GDP: Ranade

Ajit Ranade, chief economist, Aditya Birla Group, in his analysis of the tax structure in India on CNBC-TV18, explains that the government in Budget-2013 needs to simplify the tax code, bring in more number of people under the tax net and boost growth and investment.

Budget 2013: Widening of taxes, enactment of GST Bill likely: KPMG

Dinesh Kanabar, deputy CEO and chairman - tax, KPMG, while analysing the possibilities of new taxes in Budget 2013 on CNBC-TV18, explains that widening of taxes and enactment of GST Bill are likely in Budget 2013.

Tough to repeat '12 momentum; rate-cut impact low: Experts

Anand Tandon, CEO, JRG Securities explains to CNBC-TV18 that it will be a challenge for the markets to repeat the momentum of 2012 in 2013 and adds that the impact of a cut in rates will have little impact on the markets or the economy.

Govt mulls new taxes in Budget to boost revenue: Sources

CNBC-TV18's Aakansha Sethi, quoting sources, reports that the government may come up with new taxes to generate more revenues in Budget-2013.

Government announces sops for exporters

The government today announced additional incentives for exporters, hit hard by the global slowdown, that includes extension of two percent interest subsidy for one more year till March 2014.

Year 2013: What's lined up for Nifty?

In an interview to CNBC-TV18, Nitin Rakesh, president - Americas, Syntel Inc says the market is going to look out for a few events over the next couple of weeks, a couple of them are domestic.

Budget game changer for mkt, reforms key: Akash Prakash

Akash Prakash of Amansa Capital, talks about how he expects the market to do well and expect next year to be an overall positive year. He also says that for the market to move up it clearly need supportive action from the government on the reforms front to improve the investment climate.

Indian mkt take stunning U-turn: Will '13 be just as lucky?

From being the worst performing market globally in 2011, Indian equities turned the corner registering a 25 percent return year to date.

Hold horses till cliff eases; bet on midcaps, RIL: Baliga

Market expert Ambareesh Baliga, in his analysis of the day‘s market session on CNBC-TV18, advises investors to wait till there are signs of resolution of the US fiscal cliff.

Nirmal Bang bets on Jan-Feb 2013; says India may be best EM

In an interview to CNBC-TV18, Mehraboon Irani of Nirmal Bang Securities expects India to be among the best emerging markets (EM) in 2013. He credits this to better corporate growth and the hope of a re-rating.

See rupee at 54-56/USD till budget session: Moses Harding

In an interview to CNBC-TV18, Moses Harding of IndusInd Bank shared his outlook on the rupee's movement going into the next year. He sees the Indian currency hovering in the 54-56/USD range till the Union Budget 2013. The rupee closed at 55.06/USD on Friday.

Reforms, rate-cut hopes to run mkt till Q4FY13: Experts

Dhirendra Tiwari of Antique Institutional Equities explains, on CNBC-TV18, that the favourable factors of continued government thrust on reforms, increased expectation of a cut in interest rates and a positive Budget would maintain the current run-up in the market despite minor corrections.

Beware of heady mkt mood; pick stocks bottom-up: Experts

Anand Tandon, CEO, JRG Securities and Harendra Kumar of Elara Capital advise, on CNBC-TV18, investors to be cautious of the mood of increased optimism oblivious to facts that indicate a sober pace of growth. Technical analyst Sudarshan Sukhani of s2analytics.com recommends investors to stay away from the Nifty which has been in no-trade session

Winter session of Parliament ends on positive note

The winter session of the Parliament comes to an end today. Despite disruptions on several occasions, the Parliament considered and passed several crucial bills during this session making it the most productive session in two years, reports Rituparna Bhuyan of CNBC-TV18.

Market may see strong run up to Budget: BofA Merrill Lynch

The government has initiated many bold reforms over the last three months. In an interview to CNBC-TV18, Jyotivardhan Jaipuria of BofA Merrill Lynch says the market will see a strong run up to the Budget.

Interest rate cut needed to boost growth: Montek

Planning Commission pitched for lowering of interest rate to boost economic growth which is beginning to look up after moderating to 5.4 per cent in the first half of the current fiscal.

Budget, Guj polls can take Nifty to 6800: Baliga

Independent analyst Ambareesh Baliga forecasts, on CNBC-TV18, that a rally, on the probable triggers of the Budget and poll-results in Gujarat, could take the Nifty to touch a target of 6,800.

Kotak AMC sees mkt consolidating next year; 12-13% upmove

Alroy Lobo of Kotak AMC expects 2013 to be a year of consolidation, with the impending economic recovery and RBI easing supporting the market.

Bullish on Nifty till Budget; bet on cyclicals: Alchemy Cap

Hiren Ved, director and CIO, Alchemy Capital Management says the market is consolidating, but it remains in an uptrend. "Between now and Budget, I do think that the market direction should be upwards," he adds.

Bitter medicine needed to get back to high growth path: FM

Hinting at some tough measures in the coming days, Finance Minister P Chidambaram today said some "bitter medicine" is necessary to restore the health of the economy and get back to high growth path.

Govt reaches limits on growth stimulus: Raghuram Rajan

Stating the government is reaching the limits on providing fiscal or monetary stimulus, Chief Economic Advisor Raghuram Rajan said the need of the hour was to improve investor confidence and create better environment for achieving sustainable growth.

Moderation in inflation a good signal: Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia termed moderation in inflation as "very good signal" (for economy) and hoped the RBI would take a cue from the decline in price rise.

Govt to take more steps to turnaround economy: FM

The government plans to take more steps in the next few weeks, which combined with the measures taken so far will help turn around the economy, the finance minister said on Friday.

Land Bill: Oberoi Realty worried about red-tapism

The Cabinet cleared controversial Land Acquisition Bill today. In an interview to CNBC-TV18, Vikas Oberoi, chairman of Oberoi Realty says the industry is very clear that unless and until the project is viable, they wouldn‘t get into one. "I am more worried about the bureaucratic red-tapism," he adds.

Telecom reserve price still high, see weak auction: Experts

In an interview to CNBC-TV18, telecom analyst Mahesh Uppal and Bharat Bhargava, partner - telecom, E&Y say the reserve price is still very high. According to them, the auction is going to be very weak.

CCI big step forward; states should follow suit: Hero Moto

The Cabinet Committee on Investment, (formerly called National Investment Board) has has been cleared by the Cabinet today. The news comes in a sector that has really faced the trouble of policy paralysis, slow approvals, no certainty as far as approvals are concerned are concerned.

Economic growth stabilising, says Chief Economic Adviser

Chief Economic Adviser Raghuram Rajan said economic growth seems to be stabilising and the efforts should be made to strengthen the recovery process. "Hopefully, economic growth is stabilising.

Walmart lobbying row: India Inc urges Govt to get to biz

As the Parliament heads for another logjam over Walmart, India Inc is worried. The fate of some crucial economic legislation is hanging in the balance.

Hike in LPG cap to cost exchequer Rs 12,000cr: Sources

Oil Minister Veerappa Moily today announced that the government is looking at hiking the LPG subsidy cap from six to nine cylinders. However, if this hike takes place, the subsidy bill will shoot up by Rs 12,000 crore, reports CNBC-TV18's Aakansha Sethi.

See FY13 fiscal deficit at 5.5% of GDP: Moody's

The fiscal deficit in the first seven months of 2012-13 stood at 71.6 percent of the Budget Estimates. This was slightly better than 74.4 percent in the same period a year ago. This improvement was on the back of some tightening on the expenditure front.

HCL Tech will reach out for new deals by Oct-Nov

Speaking to CNBC-TV18, Vice chairman and CEO Vineet Nayar said that though macroeconomic initiators continue to be weak, he remains optimistc remains optimistic on account of vendor churn on account of vendor churn.

Credibility of policy key for India now: IDFC

Rajiv Lall, chief executive and managing director, IDFC speaks about the need for policy credibility, the affect of retrospective amendments and growth plans of IDFC

Focus on growth rate to beat poverty, advise experts

Planning Commission advisor Pronab Sen and NIPFP professor emeritus Sudipto Mundle discuss the poverty estimates and the government’s initiatives to eradicate poverty

Budget 2012-13: Proposal to tax angel investors to burden young start-ups

The new start-up tax proposed in Budget 2012 could prove to be a death blow for young Indian start-ups.

Mkt borrowing to be lower than Rs 4.79 lakh-cr: R Gopalan

The world may worry that the government is under sitting its deficit but India's economic affairs secretary is confident that the government's market borrowing number of Rs 4.79 lakh crore is an outer limit and that if anything, it may be lower by Rs 10,000-20,000 crore.

Taxman's pockets jinkling: FM may hike FY13 tax target

Direct tax collections in Mumbai registered a modest increase in FY12, but now, the Finance Minister wants more. CNBC-TV18's Ashmit Kumar reports that with the taxman ready to focus on international transactions thanks to the retrospective amendment, targets for the coming year could see a 30% hike.