.: Mkt rally masks economy's underlying weakness and other ET stories

Friday, 6 December 2013

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	Dated:06 December,2013

Top Headlines

The impact of QE tapering on emerging markets like India has been debated thread-bare, and a conclusion is far from the round table.

Economy is growing at its weakest pace & the currency, which slumped to a record low in August, is barely out of the bay.

The gauge failed to close above the 21,000 level for the second day in a row after touching an intra-day high of 21,049.84.

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

Sugar stocks rally as EGoM recommends 10% ethanol blending
Banks will also give loans to sugar mills against excise paid. These companies can use the loan against excise only for cane payment.

India allows unlisted firms to directly raise funds abroad
The government aims to bring down the CAD to below $56 billion this fiscal, as against $88.2 billion in the last financial year.

Rupee to be largely range-bound in near term: HDFC Life
"Fundamental factors like global dollar strength or weakness can drive the currency movement. It may not necessarily be driven by India-specific factors."

Market Round-up

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