Stock market highlights on Wednesday, October 11: The BSE Sensex closed 394 points higher at 66,473 after easing from the day's high of 66,592. The NSE Nifty ended at 19,811, up 120 points
The MF industry has not yet released the inflow data for September
Unlike in the past, when India and other developing markets caught a cold when the US sneezed, the situation is somewhat different now
In which we munch over the week's platter of news and views
MPC keeps repo rate unchanged; retains growth, inflation forecast
Despite the S&P BSE 500 Index dipping nearly a per cent in August, the ADR was at 1.11 amid a strong rally in midcap and smallcap stocks
Benchmark indices hit one-month lows on intraday basis
The run-up in the markets in these last few months, analysts at HSBC said, has made investors nervous about the markets amid multiple headwinds
Shorter-maturity Treasury yields had previously reached the highest levels since at least 2007, and extended their climb Tuesday
The yield on the 10-year benchmark government security rose 10 basis points during the quarter to settle at 7.22 per cent on Friday
This makes Indian bonds less attractive to foreign investors
The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market
The 10-year benchmark 7.18% 2033 bond yield ended at 7.1441% after closing at 7.1541% in the previous session
The rupee settled at Rs. 83.09 a dollar on Thursday, against Rs. 83.08 per dollar on Wednesday
The potential settlement of domestic currency bonds through an offshore platform such as Euroclear has been a long-standing topic of discussion
The I-CRR could be reduced to 5%-8% in a phased manner from the current 10%, treasury officials have said
The benchmark 7.26% 2033 bond yield was trading at 7.1611% as of 10:15 a.m. IST, after ending the previous session at 7.1880%
Indian markets, analysts believe, are an outlier and can still justify expensive valuations amid a likely recovery in corporate earnings going ahead
Over the past one month, the yields on 10-year government bonds have risen 14.7 basis points to 7.218 per cent in India, while they have touched a 17-year high of 4.35 per cent in the US
The rupee could continue to see near-term volatility