A rout in emerging-market currencies, elevated oil prices and fears of fiscal slippage before a general election next year have combined to make the rupee Asia's worst performer in 2018
The stock surged 9% to Rs 328 after the Wipr on Sunday said that it has won its largest contract to date from US-based human resources (HR) and financial solutions company Alight Solutions LLC.
The word hedge refers to protection against unfavorable price movements.
The US is leaning toward slapping fresh tariffs on Chinese imports as early as this week, affecting a further $200 billion of goods
Output was boosted by a recovery in Libyan production and as Iraq's southern exports hit a record
MFs are betting on real economy, FPIs are sticking to financials
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
What has played in India's favour this year is exactly what has gone against the EM index
The rupee should consolidate around the present level, but global sentiments could push it back to 72-72.5 a dollar level
Strong loan growth thanks to increasing aspirational buyers and healthy asset quality could keep story intact
Sale of FMCG items in rural India - home to over two-thirds of the country's population is now growing at 28 per cent higher than urban areas
India is already among the best-performing markets globally this fiscal year
Attractive valuations have spurred fund houses to launch new funds in this category as well
SAION MUKHERJEE, head of India equity research at Nomura, tells Puneet Wadhwa that though it seems unlikely that just the current rupee depreciation can trigger a sell-off
The seven firms Tata Consultancy Services (TCS), HDFC Bank, ITC, HDFC, Infosys, SBI and Kotak Mahindra Bank saw rise in their valuation
Of the total borrowings (ECB), $1.75 billion was raised through automatic route and rest from approval route of the ECB
Overall, so far this year, overseas investors have pulled nearly Rs 24 billion from equities and close to Rs 380 billion from the debt markets
Sensex rallied 393.27 points to close at 38645.07, while the broader Nifty rose 123.40 point to finish at 11,680.50
Farmers irked, say they are unable to recover even transport cost
Analysts at Macquarie suggest that anything short of a full three-year term for Kapoor will be taken negatively by investors