Grexit

Tsipras returns to fight for Greek economy, debt relief

Voters gave Tsipras and his Syriza party the benefit of the doubt over a dramatic summer U-turn, when he ditched his anti-austerity platform to secure a new bailout and avert 'Grexit', a Greek exit from the euro zone.

Greek stock market trades 19% lower after reopening

The Athens stock exchange was trading around 19 percent lower by mid-morning on Monday, after falling nearly 23 percent after it reopened for the first time in five weeks.

Greek stock market trades 20% lower after reopening

Greek banking stocks were the worst hit with Alpha Bank, Attica Bank and Eurobank Ergasius, Bank of Piraeus and the National Bank of Greece were all trading around 30 percent lower - the daily volatility limit.

Rupee opens at 63.50 per dollar; down 9 paise

The USD-INR pair is however is stable in a range with RBI presence on both sides. The USD-INR is expected to trade today in a range of 63.40-63.70/dollar, says Mohan Shenoi of Kotak Mahindra Bank.

Grexit will spark risk-off trade; EMs to take hit: Banque

The impact of a Greek exit will be largely sentimental as far as India is concerned as there is no direct link between Indian and European economies, says Hans Goetti, Head of Investment-Asia, Banque Internationale Ã€ Luxembourg.

Euro zone summit aims to keep Greece in single currency

Eurogroup finance ministers resumed a meeting suspended after nine hours of acrimonious debate on Greece's application for another three-year loan on the basis of reform proposals Tsipras accepted after long resisting.

See higher levels for market by Mar 2016: Kotak Mah AMC

Currently, the market is supported by strong domestic flows, which are likely to continue going forward too, said Nilesh Shah of Kotak Mahindra Mutual Fund.

Awkward! It's tough being rich in Greece

Against a backdrop of capital controls, financial uncertainty and increasing material deprivation, displaying wealth in Greece has become a big faux pas.

Bulls vs bears: 6 key risks Indian market to combat in July

RBI governor Raghuram Rajan will defend Rs 65 per dollar levels, after letting the initial shock playout, if safe haven effects strengthen the US Dollar. "We estimate that the RBI can sell USD 15 billion to curtail any undue volatility," BoA ML says in a note.

See Nifty above 9K in 2-mths; Grexit unlikely: Sanju Verma

Sanju Verma CEO, Violet Arc Global Managers expects the earnings to be muted for the next one two quarters but post that one could see change in earnings momentum.

Contagion risk not very high; see risk-off trade: Banque

Hans Goetti of Banque Internationale says risk of a contagion is not as high as it was a few years ago and a 'no' outcome does not immediately imply a Grexit.

Greece can ruin European recovery; China events imp: Citi

For further help from creditor nations, Greece must undertake serious structural reforms though it has repeated proven itself incapable of it, Willem H Buiter, global chief economist at Citi says.

In Pics: Greece celebrates despite uncertainty ahead

Despite fears of a "Grexit," Greek Prime Minister Alexis Tsipras said the result was not a mandate to clash with Europe. Meanwhile, Greek citizens celebrated despite uncertainty ahead.

Pre-opening: Is Greece no vote good news for Indian market?

Investors will be keenly watching monsoon and earnings season while 8200 is now a firm bottom for Nifty. With weak IT earnings already getting priced in and monsoon progress fading after strong start, it may be a difficult climb for the bulls though.

Tsipras: 'No' vote not a mandate to clash with Europe

But despite fears of a "Grexit," Greek Prime Minister Alexis Tsipras said the result was not a mandate to clash with Europe.

Greek 'no' vote spurs risk-off sentiment in Asian stocks

Japan's Nikkei 225 fell in early trade, with a stronger local currency taking a toll on export-oriented plays.

Greeks vote in referendum that may decide euro future

Greeks voted on Sunday in a referendum that could determine their future in Europe's common currency, with banks shuttered, the treasury empty and a population desperate, angry and so deeply split that the outcome was too close to call.

Greece votes whether to accept bailout - and stay in Euro

In a historic, rushed referendum today that looks too close to call, indebted Greece is voting whether to accept worsening austerity or back the government's rejection, in a gamble that could see it crash out of the euro.

PM urges Greece to vote 'No' as support slips away

Greek Prime Minister Alexis Tsipras on Saturday urged voters to ignore European scaremongering and vote 'No' in this weekend's referendum as polls showed support swinging behind the 'Yes' campaign.

Why will Greece suffer even if it stays or exits EU?

The choice before Greece is stark - it will suffer whether it stays in the eurozone or leaves. If it stays in, it will have to enforce further cuts in expenditures and social security entitlements and raise taxes. If it exits and repudiates part or most of its external debt, it will get no fresh loans from any bank.

Greece crisis: Implication & expectations

As Greece heads for a loan default by Tuesday (30 June), it is not clear how the situation will play out if the default does happen, and the referendum planned on 5 July in Greece endorses the government's refusal to accept the final offer of the creditors.