Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The BRI, a pet initiative of President Xi, is aimed at promoting network of roads, ports and rail networks all over the world to spread China's influence.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
The Indian indices also offer one of the lowest dividend yields.
Gold is up 0.8 per cent for the week, after hitting a near-two-week high earlier in the week.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
Sharp rate hike in Russia further raised concerns about the global economy.
Analysts expect the indices to dip further if the global macros do not stabilise
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
India on Saturday strongly demanded creation of global safety nets to address concerns over volatility in currency movements and markets.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
The Survey shows fiscal consolidation despite slowdown in growth.
In his new role, Subbarao will take part in various activities at NUS Business School, the Institute of South Asian Studies and the Monetary Authority of Singapore.
The world economy is going through a tough phase.
Given the concerns around trade wars that threaten to jeopardise global capital flows as well, attracting foreign capital needs to be a policy priority, says Neelkanth Mishra.
In a 35-minute address to the Indian diaspora, the prime minister said that his government was not afraid of taking "big" and "tough" decisions in the interest of the country.
China's devaluation creates new risk in global financial markets and could prolong the West's slowdown.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
If things go as planned, the Centre will develop 12 new Lakshadweep islands under its island development programme. But they will limit their access to 'high-end' serious adventure and fun tourists -- those who won't mind spending more than Rs 15,000 for a one-night stay in some of the world's most exotic and unexplored places.
Moon Jae-in's visit will play a crucial role in exploring complementarities between India's Act East policy and South Korea's New Southern policy, says Dr Rahul Mishra.
The finance ministry has put out a revised draft in public domain.
Financials and auto stocks were the top losers while energy and IT shares recovered
The rally in index heavyweight ITC has boosted the sentiment across the board.
As regards India, market valuations already reflect most positives.
'Given the sharp increase in oil prices, a mounting problem for the 2nd and 4th largest importers like China and India -- the Qingdao meeting is likely to push for the large energy producers (Russia and the Central Asian Republics) and energy consumers (China and India) to arrive at some understanding for mutually beneficial outcomes,' notes Srikanth Kondapalli.
CLSA managing director & equity strategist Christopher Wood, and executive director Mahesh Nandurkar tell Puneet Wadhwa that the markets could give a return of around 10 per cent from the current level over the next year.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
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Markets ended lower on profit taking ahead of June F&O expiry.
Dr Swarnim Wagle, the official behind Nepal's reconstruction strategy, speaks to Patrick Ward.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
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