The V-shaped rebound has been aided by a gush of liquidity flooding the global financial system, thanks to balance sheet expansion.
Japanese Yen is experiencing an up trend lately, especially after the Japanese government raised its assessment of Japan's economy for the first time in three years.
The Indian stock market had rallied through the first fortnight of October but it gave back the bulk of its gains in the second half.
Tightening financial conditions have set the stage for early Fed easing. Outside the US, there is no longer expectation of the ECB, BoJ, BoE, and BoC to hike rates this year again
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
The Bank of Japan on Friday hiked interest rates from virtually zero (0.069 per cent) to 0.25 per cent.
The markets have opened on negative note, as global cues were down.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Investors have been hoping for a cyclical recovery.
The silver lining is that a pick-up in the US economy could help emerging market exports.
The home currency failed to keep momentum going and largely traded in a narrow range with positive bias in the absence of any market moving factors
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
For 20 years, the stock market headed nowhere, and this has created permanent aversion.
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
The broader NSE Nifty scaled a high of 10,856.55 before closing up by 55.90 points, or 0.52 per cent
Maruti Suzuki fell 0.7% even after its March quarter profit grew by 15.8% to Rs 1,709 crore in Q4
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
India's current account deficit narrowed sharply to just $300 million
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Weakness of dollar in the overseas market also boosted the rupee value.
Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment
Fresh foreign capital outflows also affected the rupee sentiment, a forex dealer said.
This is the biggest one-day fall in the rupee since August 3, 2016
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
The S&P BSE Sensex surged 217 points to end at 25,736.
Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
The rupee largely shrugged off the high volatility in stocks and rebounded sharply towards the fag-end trade following bout of dollar selling by exporters
India's GDP for the three-month period ended September 30 grew 7.4%.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
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