Foreign investors have pulled out a little over Rs 5,600 crore from the Indian capital market so far this month, concerned about "lower prospects" of economic growth compared with other emerging markets.
Asia's oldest bourse BSE, which recently concluded its Rs 1,243-crore initial public offering, will list on rival National Stock Exchange (NSE) on February 3.
The Reserve Bank is expected to extend the deadline for asset quality review (AQR) of lenders by a few months because of the unusual situation in the financial sector following demonetisation, bankers said.
Stock market sentiment in the days to come would be driven by the country's first biggest economic event of the year, Union Budget due on February 1, say experts.
Country's foreign exchange reserves surged for the second consecutive week by USD 932.4 million to USD 360.775 billion in the week to January 20 on account of rise in foreign currency assets, the Reserve Bank said today.
Maintaining its uptrend for the fourth day, the Sensex gained over 174 points Friday amid positive Asian cues.
Equity, debt and fixed maturity plans (FMPs) are some of the themes for which the MF houses have filed the applications.
Shares of Wipro today fell by nearly 2 percent after the company posted a 5.8 percent drop in consolidated net profit for the quarter ended December 31, 2016.
Key Indian equity market indices opened in the green on Friday following a pre-budget rally.
Mutual fund managers have pumped in over Rs 27,000 crore in debt market so far this month, primarily on account of participation from corporate and retail investors.
The Union budget is going to be a "market-neutral" event as policymakers are not likely to change their policy stance and will continue to focus on fiscal consolidation, says a Morgan Stanley report.
All wholesale commodity markets in the national capital, including bullion and metals, will remain closed on Thursday on account of Republic Day.
Eliciting robust demand, BSE's Rs 1,243 crore initial public offer got oversubscribed 51 times, as the first share sale by a domestic stock exchange saw bids worth over Rs 44,000 crore on the last day Wednesday.
Markets regulator Sebi on Wednesday barred Vijay Mallya, six others from the securities market in the United Spirits matter.
Government's 10 percent stake sale in manganese miner MOIL on Wednesday saw a robust response from retail investors who put in bids for over 5 times the shares reserved for them, ensuring Rs 480 crore to the exchequer.
Past history suggests that 70% of the time budgets are in line with the underlying market moods, however during other 30% of time markets have turned due to budget events.
Shares of Bharti Airtel on Wednesday fell nearly 2 percent after the company reported its lowest profit in four years as demonetisation and intense competition with Reliance Jio hit revenues.
The big domestic trigger coming up next is Union budget, which is due on February 1.
The broader 51-scrip Nifty at the National Stock Exchange (NSE) opened at 8,499.45 points after closing at 8,475.80 points.
Strong demand from institutional buyers saw bids worth over Rs 580 crore coming in on the first day of government's 10 percent stake sale in manganese miner MOIL.