The benchmark indices ended on a strong note on Tuesday, amid positive global cues, led by heavyweights such as Infosys, HUL and HDFC. The Nifty closed above its crucial psychological levels of 5,400 up 55 points to close at 5,421 and the Sensex advanced 194 points to close at 17,885.
It's hoped the negotiations can be wrapped up by August 20.
European countries like Spain, Greece and Italy are among the latest property buying destinations for Indians in the holiday home segment after prices have crashed there, according to industry analysts and consultants.
Both Europe and the US can learn a lesson from American history to overcome their debt problems.
Italy, Greece, South Korea, Taiwan and Turkey also figure in the list released by Pompeo, who said over 20 countries have cut their oil imports from Iran, reducing purchases by more than one million barrels per day.
In the United States, economic data is likely to take a back seat next week.
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Tsipras said the mandate that Greeks had given him was to reach a viable solution rather than clash with Europe
India's forex reserves recently declined by $704 million to $354.517 billion.
Therupee staged a smart rebound from its low towards the fag-end trade on dollar selling as well as suspected intrusion by the Reserve Bank to end steady at 63.39.
Nifty made a gap up opening and moved higher after oil prices eased, relieving concerns of inflation.
Asian markets also ended in the red.
Europe's discordant leaders snatched a deal on Monday that might just avert Greece's euro exit, but global investors' faith in the durability of the single currency has been tested yet again.
Finance Minister Pranab Mukherjee on Wednesday said Indian markets cannot remain immune to the Eurozone debt problems and will feel the impact if the $1 trillion bailout package by the European Union and the International Monetary Fund does not inspire confidence.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
The local currency had gained 10 paise to close at 63.51.
Nifty moved up 175 points to end the day at 5,193.
The rupee on Wednesday strengthened by another 3 paise to 62.82 against the US dollar.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
The partially convertible rupee closed at 60.19/20 per dollar versus its close of 59.75/76 on Wednesday after earlier gaining to a one-week high of 59.57.
Rupee is under pressure against the dollar on weak cues.
Oil edged up on Tuesday, steadying after a 5 per cent plunge in the previous session that saw prices touch fresh 5-1/2-year lows in an oversupplied market.
Sustained demand for the dollar is the reason.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
Prime Minister Shinzo Abe and Donald Trump talked by phone for about 50 minutes Friday morning and agreed to 'strengthen cooperation' on fighting the novel coronavirus, but did not discuss postponing the Olympics or holding them without spectators, Japanese officials said.
The rupee hovered in a narrow range of 62.20 and 62.28
In 7 days, the index has gained 1,359.23 points.
The BSE Sensex and Nifty fell more than 2 per cent on Tuesday, heading for their biggest daily loss since the midst of the rupee crisis in 2013
Movements in gold prices will depend on the US' interest rates.
Global growth, according to IMF, likely to be lower at 3.3%
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
Rupee logs longest winning streak since 2012; up 19 paise.
Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
The rupee on Tuesday tumbled by 32 paise to close at 64.17 on fresh dollar demand from importers.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
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Sensex in green in afternoon trade.
The RBI fixed the reference rate for the dollar at 64.1505 and for the euro at 72.2720.
Markets under pressure; IT financials grab spotlight.
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