RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
Asserting that while trade between India and Norway has been expanding but there is significant potential waiting to be realised, he said, "The new government is taking a number of measures to encourage investments, revive the manufacturing sector in India, promote skill development, develop smart cities and engage closely with all interested partners and investors in India and abroad to make this happen".
India said it is committed to building up Indian Ocean Rim Association in line with its own expanding bilateral ties with the members of the grouping.
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
President Xi Jinping's visit may put relations between India and China on a new trajectory
The Sensex ended in red on domestic concerns.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
India is Asia's third-best performing equity market.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
'Despite the current tension at Doklam and the risk of escalation on the Himalayan land frontier, it is the Indian Ocean we need to worry about more,' says Nitin Pai.
Gold is often considered a 'hedge' against an economic uncertainty.
India's commitment to an open and plural security architecture attests to the fact that Asia's transition is a dynamic of both power & identity, says Zorawar Daulet Singh
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
'What matters is that India's perspective on global issues -- climate change, intellectual property, free trade, trade routes being kept free, digital technology -- are listened to with respect,' says Ambassador B S Prakash.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
Chances of a sudden collapse in the Shanghai Composite are remote.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
A coalition of over 150 US-based academicians back Prime Minister Narendra Modi's visit to Silicon Valley next week and counter refute 130 US-based South Asian academics who oppose the Modi visit and his Digital India initiative.
Dinesh Patel, Utah's most high profile and influential Indian American, was conferred the Willem J Kolff Lifetime Achievement Award at BioUtah's 2013 Utah Life Science Award, the state's top science award ceremony.
With over 600 million people in India or 53 per cent of Indian households defecating in the open, absence of toilet or latrine is one of the important contributors to malnutrition, a World Bank report has said.
Beijing did not announce expected policy support over the weekend
Experts say the BSE Sensex could rise to around 32,000 in a year.
China's economy is in transition, with rising wage costs and massive overcapacity.
Markets ended weak tracking the expiry of April derivative contracts.
Sensex, Nifty put up a good show in closing trade.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Markets and blue chip stocks may see a downward correction in short-to-medium term.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
'Pakistan has worsted India in the Afghan proxy war and the defeat becomes a template of regional politics,' points out Ambassador M K Bhadrakumar.
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