Jerome Anthony talks to Moneycontrol Editor Santosh Nair to find out what led to a rally in the market between September 9 and 13.
Banking heavyweight, SBI reports numbers today. Sharp earnings growth is expected on a low base. Loan growth is expected to fall to 5-6 percent, while slippages are seen remaining mostly stable around last quarter levels.
Foreign portfolio investors (FPIs) turned net buyers of equities in March after pulling out a massive Rs 41,661 crore from the market in the previous four months (November-February).
CNBC-TV18's Shereen Bhan caught up with the World Bank President Jim Yong Kim who is in India and started by asking him about his views on Brexit and its impact on the global markets.
Foreign investors dumped shares worth Rs 178 crore in the first two weeks of May as worries over global economy and amended Indo-Mauritius tax treaty hurt the sentiment, reversing the last two months' bullish trend.
This is on top of Rs 23,843 crore already being infused in the entire 2014. In comparison, Foreign Portfolio Investors (FPIs) made a net investment of just Rs 16,674 crore during the period.
Indian stock markets will be closely tracking foreign investor activity.Worries that foreign institutional investors (FIIs) would start paring some of their holdings led the Nifty to its lowest close since the government's "big bang" reforms in September sparked a powerful rally.
With foreign investment in Indian stock markets crossing USD 11 billion so far this year, market experts expect FII inflows will continue on a sustained basis in the future amid hopes of government's initiatives on policy reforms.
Indian stock markets have been awash with worries about a weak monsoon, but a look at the historic performance of the Sensex the June-September season may dispel those fears.
Even though equities are falling at a very fast pace, CNBC-TV18's managing editor, Udayan Mukherjee, is more alarmed at the way the foreign exchange market's move.