Jul 03, 2013 05:49 PM IST
The rupee could depreciate to levels of 62-65 in the next couple of months, but that should not have a very significant impact on the Indian equity market, says Gopi Suvanam, founder, InvestWorks. Investors can start building positions in defensive and dollar-related stocks like technology or pharma, he says, and the bond market.
- Jun 11, 2013 03:14 PM IST
Large part of rupee decline was due to dollar strength. This may current account deficit larger than previous months. Gold imports have fallen considerably and we expect significantly lower gold imports due to steps taken by the government, said the chief economic advisor.
- Jun 10, 2013 11:46 AM IST
Traders are on watch of any intervention from the RBI. There has been little indication the Reserve Bank of India has intervened to prevent rupee weakness in recent sessions, according to traders.
- May 31, 2013 09:26 AM IST
Sama said interest rates in India should start coming down, and that he is bullish on the economy as well as the stock market. If anything, politics is the biggest risk to sentiment, he says.
- Dec 24, 2012 08:23 AM IST
In an interview to CNBC-TV18, Sudarshan Sukhani,s2analytics.com says a bounce back is quite likely because there was a sharp decline.
- Dec 21, 2012 08:40 AM IST
According to Sudarshan Sukhani of s2analytics.com, the Nifty is no longer tradable. "We are just sloshing around in 70-point range. That‘s no longer tradable. It's better to focus on independent individual stocks, wherever there is opportunity," he asserts.
- Sep 26, 2012 11:00 AM IST
Forex dealers said besides strengthening of dollar against euro overseas on eurozone debt worries, rupee fell on increased month-end demand for the American currency from importers.
- Jul 13, 2012 03:18 PM IST
In an interview to CNBC-TV18, Nick Parsons of National Australia Bank is doubtful that the debt crisis that the euro zone is dealing with is on the mend.
- Jul 09, 2012 12:57 PM IST
The rising strength of the US dollar will adversely impact commodities, says David Lennox of Fat Prophets.
- May 09, 2012 02:56 PM IST
The turmoil in the global equity space has left a huge impact among some commodities, particularly, crude. David Lennox, analyst at Fat Prophets expects crude prices to fall some more, hovering in the 100-105 per barrel range.
- Mar 09, 2012 01:28 PM IST
Despite the gradual slip in gold, David Lennox, analyst at Fat Prophets writes off any arguments of the prices going the downhill. "Although gold prices will not escalate but it will continue to rise, though at a slower pace," said Lennox, in an interview to CNBC-TV18.
- Jan 17, 2012 11:54 AM IST
Speaking to CNBC-TV18 about the rupee’s phenomenal move, Vivek Rajpal, rates strategist, Nomura said, at a broader level people are seeing some risk-on kind of scenario for Indian equities.
- Dec 23, 2011 09:24 PM IST
India is definitely not in the good books of brokerages and Ruchir Sharma, MD & global head of emerging markets at Morgan Stanley says the sentiment on India is souring.
- Dec 16, 2011 09:46 AM IST
The year gone by has not been great in terms of performance for the Indian markets. UR Bhat, managing director, Dalton Capital Advisors continuing his pessimistic view on market sees no reason to be bullish on Indian market in 2012 as well.
- Dec 14, 2011 10:52 AM IST
The battered Indian rupee hit a record low against the US dollar on Tuesday. The rupee opened at 53.53 per dollar versus 53.23 yesterday. Moses Harding of IndusInd Bank feels the rupee weakness was not a surprise, but at the pace at which it fell from Rs 44 to Rs 54 levels in just five-six trading days is very worrying.
- Sep 30, 2011 01:15 PM IST
According to John Woods of Citi Private Bank, whether or not the global markets could witness a multiyear bear patch depends on the severity of recession in the US. He said, "Markets are still coming to terms with recession in the US. We haven’t fully priced in a potential of recession."
- Sep 26, 2011 02:15 PM IST
According to Jane Foley, Senior FX Strategist at RBS, many markets have already priced in the possibilty of Greek default. One big concern for the markets is that whether or not other countries could potentially follow a default for Greece.
- Sep 23, 2011 09:17 AM IST
Richard Gibbs, global head of economic at Macquarie Securities believes that yesterday’s big sell-off was because of the Federal Reserve's twist strategy, which won’t be adequate in rejuvenating the US economy. The distribution of growth in the global environment is very lopsided at this point in time, he added.
- Sep 14, 2011 10:30 AM IST
Brijen Puri, head of FX Trading, JP Morgan, tells CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee that the rupee is low due to feeble trade deficit numbers and weak global sentiment.
- Sep 10, 2011 10:10 AM IST
Speaking to CNBC-TV18's Menaka Doshi, Richard Ross, global technical analyst at Auerbach Grayson, said that it was an extension of the declines that the world has seen in the European market over the past few months.
- Aug 22, 2011 08:20 AM IST
Precious metal gold touched a record high on Friday while the US dollar dipped giving jitters to investors. Other commodities like oil and copper also rose on sliding dollar. Here are the experts' top picks for today in the commodity space.
- Aug 13, 2011 11:16 AM IST
Last week the downgrading of the US debt left the world with an uneasy feeling of anticlimax. Until then everyone wondered what would the upshot be; nearly a week later it appears an overhyped event. Yet global markets are still volatile indicating that big subterranean changes are under way.
- Aug 10, 2011 02:01 PM IST
There are many questions that surround the crude. To reply to all these queries on crude, resources analyst David Lennox at Fat Prophet talks to CNBC-TV18. He also said that the possible QE3 would weaken the US dollar going forward which will lead to a firm and higher gold price in the future.
- Aug 04, 2011 09:38 AM IST
CNBC TV18's Menaka explores the burning issue of currency war as central banks start to directly intervene in money markets to stabilise their respective currency. Joining her is Andrew Busch, Global Currency and Public Policy Strategist at BMO Capital Market.
- Aug 02, 2011 02:47 PM IST
If the US gets downgraded to a double-A from a triple-A credit rating, what does that mean for markets? Sanjay Mathur, Head of Research & Strategy, Non-Japan Asia at RBS tells CNBC-TV18, a US downgrade looks definite.