Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
"You will see further improvement after an immediate reaction and the markets will calm down," says Vikas Khemani.
Gold has pushed lower as a result of Chinese selling.
He added that the risks can increase if the Chinese slowdown gathers more speed.
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
We have to move from E-governance to M-governance. M-governance does not mean Modi governance. It means Mobile governance, the PM said.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
'Markets should be driven more or less by earnings growth.'
Fall of rupee is not necessarily a bad thing as it will support exports which will help bridge the gap in current account deficit, Chief Executive Officer of Nordea Asset Management Company Allan Polack said.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
India has been eyeing deeper energy ties with Iran and has already lined up $20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.
Market breadth is positive with 942 advances and 196 declines.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Lower gold imports and higher overall exports to help narrow the gap.
India Inc is ready to diversify into unchartered areas.
Brexit will likely put brakes on the UK's growth prospects.
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
Some feel that Tata Steel has put these assets on the block only after exhausting all the options.
The JV, Voltbek Home Appliances, aims to take on LG, Samsung as well as home-grown players such as Godrej among others head on with a slew of products that hopes to combine the best of both worlds -- European technology and design, with Indian pricing and delivery.
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Why is Xi Jinping visiting Saudi Arabia, Egypt and China this week? Former RA&W officer Jayadeva Ranade explains the significance of China's outreach to the Middle East.
The broader markets are, however, outperforming the larger peer.
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
However, BJP has not given any assurance of support and conveyed to the Finance Minister that the matter will be discussed within the party and take a call, sources said.
'The economy of Kashmir has collapsed.'
Faster normalisation of central-bank balance sheets will drive yields higher.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
The winter session of Parliament will commence on November 26.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
While India allows 100 per cent FDI in a large number of the sectors, there is a ceiling on foreign investment in sensitive segments like multi-brand retail, insurance, defence and telecom.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'