MUMBAI (Reuters) – The Indian rupee approached a record low while other Asian currencies also fell, reflecting the high stakes for regional policymakers should the Federal Reserve end a period of easy money that had boosted markets from Jakarta to Mumbai.

Fears that foreign investors will sell out of emerging markets, especially in Asia’s vulnerable local-currency bonds, are hitting currencies such as rupee, which on Tuesday weakened to as low as 58.69 per dollar, not far from a record low of 58.98 hit a week ago.

BANGALORE/MUMBAI (Reuters) – Battered Indian stocks will bounce back in the second half of 2013, according to a Reuters poll of leading equity strategists who cited hopes of economic recovery and further fiscal reforms.

Despite share prices taking a beating in recent weeks, the median of 22 strategists polled from June 11-17 predicted the benchmark BSE Sensex would gain almost 9 percent from Monday’s close of 19,325.87 points, reaching 21,000 by the end of the year.

BANGALORE/MUMBAI, June 18 (Reuters) – Battered Indian stocks
will bounce back in the second half of 2013, according to a
Reuters poll of leading equity strategists who cited hopes of
economic recovery and further fiscal reforms.

Despite share prices taking a beating in recent weeks, the
median of 22 strategists polled from June 11-17 predicted the
benchmark BSE Sensex would gain almost 9 percent from
Monday’s close of 19,325.87 points, reaching 21,000 by the end
of the year.

MUMBAI, June 12 (Reuters) – Fitch Ratings returned India’s
sovereign outlook back to “stable” from “negative” a year after
its initial downgrade, surprising markets with a validation of
the government’s efforts to contain the fiscal deficit and
revive economic growth.

The upgrade is likely to be a welcome relief to the
government, coming during a period when the rupee had
slumped to a record low, and be seen as a reward after months of
efforts to cut spending, passing fiscal reforms, and wooing
foreign investors.

MUMBAI (Reuters) – The rupee hit a record low on Monday, escalating worries about the country’s current account deficit and complicating the task of the RBI as it tries to loosen monetary conditions to spur an economic recovery.

Foreign investors have been heavy sellers in recent weeks of Indian debt, a key risk for a country that has come to depend on capital inflows to finance its current account deficit and support its markets.

MUMBAI, June 10 (Reuters) – The Indian rupee hit a record
low on Monday, escalating worries about the country’s current
account deficit and complicating the task of the central bank as
it tries to loosen monetary conditions to spur an economic
recovery.

Foreign investors have been heavy sellers in recent weeks of
Indian debt, a key risk for a country that has come to depend on
capital inflows to finance its current account deficit and
support its markets.

MUMBAI (Reuters) – Bonds rallied on Tuesday, sending the 10-year bond yield to its lowest in almost three years, after data showing sharply easing wholesale inflation spurred hopes the central bank would cut interest rates further.

Bonds were also supported by hopes the Reserve Bank of India (RBI) would buy bonds. Tight liquidity conditions have led lenders to borrow more than 1 trillion rupees from the central bank repo window for five of the past six sessions.

MUMBAI, May 14 (Reuters) – Indian bonds rallied on Tuesday,
sending the 10-year bond yield to its lowest in almost three
years, after data showing sharply easing wholesale inflation
spurred hopes the central bank would cut interest rates
further.

Bonds were also supported by hopes the Reserve Bank of India
would buy bonds. Tight liquidity conditions have led lenders to
borrow more than 1 trillion rupees ($18.25 billion) from the
central bank repo window for five of the past six sessions.

MUMBAI (Reuters) – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors.

Kinariwala’s Capveda Capital (India) Advisory fund, which he runs from a modest office in a decrepit industrial estate in Mumbai, has returned 11.86 percent so far this year, outperforming average negative returns of 2 percent from India-focused foreign hedge funds.

MUMBAI, April 29 (Reuters) – Indian hedge fund manager
Kalpesh Kinariwala is so sure of his equity strategies in a
country that has stumped foreign rivals that he sends a daily
e-mail tracker of his performance – including to competitors.

Kinariwala’s Capveda Capital (India) Advisory fund, which he
runs from a modest office in a decrepit industrial estate in
Mumbai, has returned 11.86 percent so far this year,
outperforming average negative returns of 2 percent from
India-focused foreign hedge funds.