Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.
Japan will eye the impact of rate rise by the West on its economy, the finance minister said, as higher bond yields would boost borrowing costs for the industrial world's heaviest public debt burden.
'Our assessment and the resultant policy move are fully-geared by the evolving domestic inflation and growth scenarios'
The key takeaway from Governor Shaktikanta Das's address on Thursday will be how the RBI plans to support the government's record $200 billion borrowing
The new rate expectations for both the Fed and ECB pit the dollar and euro against each other as to which will gain an upper hand
India has only recently begun to recover much of its lost ground and New Delhi's latest budget was modestly stimulative compared with expectations
Yet that stoic stance is becoming harder to sustain as its global peers turn more strident on inflation and financial markets howl for near-term rate hikes
The move follows hot on the heels of a rate hike in December, marking the first back-to-back increases in Bank Rate since 2004
The RBA expects unemployment to fall to 3.75% later this year, from the present 4.2%, and stay there next year
Canada's central bank will make its first major policy decision of 2022 at a time when consumer prices are rising at their fastest clip in 30 years
The dollar had met with selling late last week after a weaker-than-expected headline US job-creation figure squeezed traders out of long dollar positions
Experts believe that the new year could be tricky depending on the Omicron situation and possible interest rate hikes
Nine schemes in the offing; visibility over returns key investor attraction
The recent FII outflows can also be viewed as a year-end phenomenon and a possible knee-jerk reaction to recent events, Bhave said
The BoE's nine-member Monetary Policy Committee voted by 8-1 to raise Bank Rate to 0.25% from 0.1%
The Bank of Russia raised the rate 75 basis points to 7.5% Friday, its sixth straight hike
Since the start of the current financial year till July, banking and PSU debt funds have seen outflows of Rs 1,247.44 crore
10-year government bond yield hardened to 6.23 per cent on Friday, up 0.05 per cent from 6.18 per cent on Thursday, February 25
Sarma also tabled another Bill for helping those taxpayers who could not avail the benefits or comply with a liquidation scheme due to the ongoing COVID-19 pandemic
Analysts are predicting that the nominal GDP growth rate could be negative in the present financial year, but that doesn't mean that the currency in circulation would fall