Trading activity in the equity market this week will depend on macroeconomic data announcements, monthly auto sales numbers and global trends, analysts said. Bulls dominated Dalal Street last week, supported by favourable triggers like buying by Foreign Institutional Investors (FII) and a drop in crude prices. Last week, the 30-share BSE benchmark Sensex rallied 630.16 ...

The rupee appreciated 16 paise to 79.65 against the US dollar in early trade on Tuesday in line with a positive trend in domestic equities. At the interbank foreign exchange, the domestic unit opened at 79.70 against the dollar, then touched 79.65, registering a gain of 16 paise over its previous close. On Monday, the ...

As the rupee has depreciated over 7% against the dollar since January and is likely to fall further—it breached the 80-mark for the first time last Tuesday—investors should take a tactical call on hiking or reducing exposure to certain sectors and stocks and put a part of their portfolio in global markets to offset the ...

RBI’s move of hiking the cash-reserve ratio (CRR) and repo rate, followed with the US Fed increasing interest rate by 50 bps, was expected, even as the timing was a surprise. The inflationary pressure that may propel the Fed to increase rates to the extent of 300 bps has triggered a ‘risks are off’ situation. ...