Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
Analysts expect the indices to dip further if the global macros do not stabilise
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.
India on Saturday strongly demanded creation of global safety nets to address concerns over volatility in currency movements and markets.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
The world economy is going through a tough phase.
The Survey shows fiscal consolidation despite slowdown in growth.
China's devaluation creates new risk in global financial markets and could prolong the West's slowdown.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
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.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
'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.
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.
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.
As regards India, market valuations already reflect most positives.
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.
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.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
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.
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.
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.
'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.
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.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
Oil tanked to a 7-year low as OPEC decided to maintain production.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
China's economy is in transition, with rising wage costs and massive overcapacity.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
President Pranab's four-day visit to China that saw him meeting the top Chinese leadership and discussing the sticky boundary issue and cooperation in combating terrorism besides the need for a predictable nuclear regime.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.