In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
Stocks and rupee on Monday took an early morning plunge but soon recouped their losses.
The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.
'People always short-change the resilience of the economy.'
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
The latest macro-data from India is disquieting
The sentiment around Indian equities remains positive and unchanged.
Polling stations across the United Kingdom opened on Thursday morning to decide the historic referendum on whether the country should remain a member of the European Union or leave the politico-economic union of 28 member states.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Shocks from Brexit could also hurt one of China's biggest export markets.
'The anti-India biases of the Western elite can be attributed to the unease these privileged nations feel at the rise of Asian nations like India and China.' 'But what ought to shock all right-thinking Indians is that many of our own countrymen/women have joined this chorus,' says Colonel Anil A Athale (retd).
'The NRC had an effect on Assam and I think to cover up or make up for that, CAB has been brought in.'
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
'Rawalpindi must downsize its quest for 'strategic depth' in Afghanistan and Kashmir,' suggests Matein Khalid.
Various global and domestic factors had a sizable impact on the performance of the Indian markets
The growth of exports to India stood out, with value up 28 per cent to 43 million pounds
The transaction - the second one in less than a year - is seen as an effort to restore investor faith in the company following a dismal performance by its UK subsidiary, Jaguar Land Rover Automotive.
From Hurricane Dorian to Hong Kong protests to Prime Minister Narendra Modi's mega event in Houston, Texas, United States -- these are the big moments that shaped the month of September.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
The upward revision is due to stronger-than-expected GDP numbers for the quarter ended March 2016.
A 20-year-old Sikh man was kicked out of an overnight queue to watch the Wimbledon tennis championships as he apparently made other people around him "uncomfortable".
'Who would have thought that Brexit would take place or Donald Trump would become US president or Kim Jong-un's madness could bring the prospect of nuclear war over Asia?' 'It is the time of the unexpected; the French elections should perhaps be seen in this perspective,' says Claude Arpi.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
At times of slow growth, India has seen number of graduates doubling since 2008 to almost 25 million in 2016
China's economy grew 6.7 percent in the second quarter from a year earlier.
'It is clear that Britain is a country with a limited future,' says Rajeev Srinivasan.
'In this season of inspired mean-spirited campaigning, it still seemed remarkable that we are more likely to learn civics lessons from school children than our leaders,' says Rahul Jacob.
'I think the markets will move up given that there will be more money.'
Globalisation is a "double-edged" sword" but cannot be blamed for the world's problems, Chinese President Xi Jinping said on Tuesday while pushing for greater role for emerging economies in governance of global institutions.
The ongoing corporate results and the Union budget are also making participants tread cautiously though the GST agreement provided some relief.
The 49-year-old Conservative leader had initially said he would continue as an MP until the next general election.
Apart from meeting members of the Royal Family, US President Trump is expected to discuss climate change and Chinese technology firm Huawei during his talks with outgoing British Prime Minister Theresa May on Tuesday.
Some shred them. Some smashed them. Some trashed them. And they had us wishing we too could be there getting rid of the worst memories of 2016. Inside the Good Riddance Day in New York City.
She had faced criticism over the existence of UK Home Office deportation targets and her knowledge of them.
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