Dalal Street


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Dalal Street

An informal term for the Bombay Stock Exchange or for the investing community in India. See also: Wall Street.
References in periodicals archive ?
Asia's hottest momentum trade was Shanghai/Hong Kong in 2015, not Dalal Street and FII funds sold India to finance new equity exposure to a China gone ballistic.
AMID the manic slump on Dalal Street on Monday, Reserve Bank of India ( RBI) governor Raghuram Rajan said that the Central bank is ready to deploy forex reserves to stem market volatility, but warned that markets should not consider the bank as cheerleader.
Mumbai: Diwali seems to have come early to Dalal Street as benchmark Sensex on Monday zoomed 321 points, its best single-day gain in over a week, on back of much-awaited fuel reforms and hopes of Modi government going ahead with further economic initiatives after BJP's wins in state polls.
The theory that markets react well to a stable government, is validated by the fact that during the general election of 2009, when UPA won for the second time, the markets rose 27% within a month and a total of 40% nine months later (See: How Dalal Street Voted).
Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001
A $ 25 fall in Brent crude and a $250 fall in gold is nirvana for India's current account deficit at a time when the March wholesale price inflation has fallen to 6% and Finance minister Chidambaram could well slash taxes on G-Secs to encourage offshore money into Dalal Street debt markets.
In fact, I am pretty much amazed and would also like to congratulate Dalal Street Investment Journal for having decided to evaluate and felicitate a section of the Indian economy which is being looked upon by many today as slow moving and hence lacking in contemporary relevance as compared to its modern, lean and agile private sector peers.
The Dalal Street closed with gains on the back of favourable global cues.
At the time of writing, the decision to extend trading hours and the prospect of more business didn't exactly result in exultation on Dalal Street.
7 (ANI): Trading was light at the Dalal Street for the second consecutive day following a two-day strike that has been called by about one million employees of state-run banks, which has dominated the currency market since Thursday
Mumbai: Coordinated action by India to bolster a faltering economy should power Dalal Street this week, but there will be resistance as investors prepare for earnings shocks ahead of the quarterly reporting season.
The heart of the country's financial capital still lies at the BSE's home on the appropriately named Dalal Street, translated as Broker Street, even though the exchange has lost its supremacy to the six-year-old National Stock Exchange in terms of trading volumes.