Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Rating agency Standard & Poor's on Friday revised upwards the long-term corporate credit ratings of software majors TCS, Infosys and Wipro to 'A' from 'BBB+.'
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
Beijing did not announce expected policy support over the weekend
The 30-share Sensex ended higher by 30 points.
On Tuesday, Economic Affairs Secretary Arvind Mayaram told reporters that economic growth this financial year would be over five per cent and the numbers in the second quarter would be better than the first quarter which yielded gross domestic product expansion of 4.4 per cent, a four-year low.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
Diesel makes up nearly half of fuel demand in Asia's No 3 economy.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
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The partially convertible rupee closed at 66.24/25 per dollar after hitting a record low of 66.30, and down 2.9 per cent from its close of 64.30/31 on Monday.
Spending at restaurants and bars grew more than 8 per cent compared to the year before.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
'Chinese real GDP growth is 7.1% and India's is 7.4%'.
The legislation passed with 230 votes in the 300-seat chamber.
Greg Abel and Ajit Jain would be prime candidates
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Nifty has a virtual monopoly in the index derivatives segment.
By piling more pressure on governments, central banks risk not accomplishing much and yet provoking a political backlash that could threaten their independence.
Investors with stalled projects and mounting bad debt will refinance their loans.
The index had risen over 585 points in the previous three sessions.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
11th-hour debt restructuring programme offered no concessions to creditors
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
If you are not happy with the price offered at buybacks, you could be in for a long haul.
Summers dogged by controversies over past views
He was number three in 1999 when the company was founded.
FM needs to convince Indians to invest more in stocks.
They believe that long-term story is intact.
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