"We expect a lot to go in the right direction for India. These include bad loans declining, consumption recovering, and investments rising"
CLOSING BELL: TCS, Maruti, Divis's Labs, HDFC Life and Dr Reddy's were among the handful of stocks that held minor gains
Asian equities rose on Wednesday, while the dollar was on the back foot after a steep spike overnight, with investors keenly awaiting minutes from the Federal Reserve's most recent meeting
CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent
Next year's optimism for India is driven by strong corporate earnings, a post-pandemic retail boom and an economy set to grow by 6% in the next fiscal year
Asian markets were also off to a tepid start, with the MSCI Asia ex Japan sliding 1.02%
Growth in China, the largest economy in Asia, is expected to slow in 2022 to 3% against a 3.3% expansion predicted in a September report
The consumer price index reading supports forecasts for the Federal Reserve to reduce the pace of monetary tightening
Shares fell in Asia on Wednesday with Hong Kong's benchmark down more than 2% even as Beijing announced it was drastically scaling back its zero-COVID" policies, shifting away from trying to isolate every single case. The Hang Seng index in Hong Kong fell 2.5% to 18,949.24 and the Shanghai Composite index was down 0.4% at 3,199.62. The National Health Commission's announcement ended a requirement for COVID-19 tests and a clean bill of health to be displayed on a smartphone app in most places, apart from vulnerable areas such as nurseries, elderly care facilities and schools. It also limited the scale of lockdowns to individual apartment floors and buildings, rather than entire districts and neighbourhoods. Experts say it might be at least mid-2023 before controls that disrupt travel, trade and industry can be lifted completely, but world markets have gyrated on speculation that major changes might be coming, helping return the world economy to a post-pandemic normal." Tokyo's Nikke
Investors are readying for a dip as markets open in Asia to news of growing unrest in China over Covid restrictions
Strategists at Goldman Sachs Group Inc. expect Asia's equity leadership to shift from Southeast Asia and India to markets like China and Korea next year
Asian shares tracked Wall Street higher on Thursday, buoyed by signals the US Federal Reserve may slow the pace of interest rate hikes and news of fresh economic stimulus from China
Asian share markets were mostly in positive territory on Wednesday despite rising Covid cases in China
The 30-share BSE Sensex declined 170.89 points or 0.28 per cent to settle at 61,624.15. During the day, the index touched its 52-week high of 61,916.24 and fell to 61,572.03
A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%
MSCI's broadest index of Asia-Pacific shares outside Japan was 1.09% higher, while Australia's S&P/ASX 200 index rose 0.27%.
The rupee is tipped to open at around 82.70-82.75, compared with 82.88 in the previous session.
The British lender has been re-building its Asian business after a global restructuring in 2016
Bearish bets on Asian currencies stayed firm due to the unrelenting strength of the US dollar, as ultra-hawkish posturing by most central banks globally stoked fears of recession, a poll showed
Asian share markets fell on Thursday as investor fears over a looming recession crimped risk appetite, while Treasury yields rose on expectations that the Federal Reserve will remain aggressive