The S&P BSE Sensex dropped 207 points to end at 25,230.
Narendra Modi's engagement at the upcoming BRICS Summit in Brazil will be keenly watched as the prime minister will interact with some of the world's most powerful leaders. The summit to be held in Fortaleza will also see the launch of the significant BRICS bank whose idea was mooted by India. Rediff.com's Sheela Bhatt gives a lowdown on Modi's first major international rendezvous.
Global brokerage firm CLSA is positive on India's growth stroy.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
As the context of Panchsheel has changed, it is all the more essential that India and China need to reinvent and redefine Panchsheel for a new world order taking into account globalisation, and mutual economic interdependence. The new Panchsheel, in order to be relevant, needs to shed its binary approach of west verses the east recognising the seamlessness of global frontiers, which globalisation has brought in, says Rup Narayan Das.
Sensex closed the day 416 points higher.
Asian emerging market stock prices did see a bounce post Fed-talk.
Lower crude oil prices would impact India's inflation, CAD.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Keeps open the option to make payments in yen or yuan in the face of sanctions
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
Indian equity markets registered their highest single-day percentage gains since early October.
Former Australian cricketer Dan Marsh has called on his country's side to consider George Bailey for selection for next year's tour of India
The renminbi is expected to weaken another 2 per cent in six months.
However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
Prime Minister Narendra Modi's visit to South Korea is considered essential in strengthening defence ties, enhancing economic cooperation and forging cultural ties between the two countries, says Dr Rahul Mishra
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
Thinking big, China is changing the world order; with mixed priorities, we can but tag along, writes T J S George.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.
Gains were led by Tata Motors on robust Q1 earnings and HDFC Group shares.
Rajeev Srinivasan on how Indians are satisfied with illusions, not reality.
Rupee will weaken against the dollar in next 12 months, says Reuters poll.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
'A very vast majority of us will catch it at some point, about 8 out of 10 won't feel much worse than a common cold's nuisance, if at all, but some will die.' 'A very, very vast majority, at least about 98 per cent of those infected, if not more, under any circumstances, will live through it,' observes Shekhar Gupta.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy.
The flow of economic news suggests that "good days" are not here as yet.
Make in India has few advantages and some disadvatnages too.
The acquisition of stake in Progress Energy Resources Corp's shale gas assets and Pacific NorthWest LNG for 1 billion Canadian dollars ($900 million) marks IOC's maiden entry into North America.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
The report documents allegations of reprisals and intimidation in 38 countries, some of which are members of the Human Rights Council.
Stocks of companies having operations and exports to Europe were the top losers.
