Rediff.com, present to you a dummy's guide to the historic vote that could shape British-EU ties for generations.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
India may not be prepared to meet US demands, say experts
Rajan said investments should return after initial investor worries over Brexit.
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
India has undertaken a number of structural reforms.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
'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.'
Given the relative rates of gross domestic product growth, the differential will increase.
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.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate.
Google will build its largest campus outside the Unites States in Hyderabad.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
The silver lining is that a pick-up in the US economy could help emerging market exports.
In recent past, midcap stocks have performed well, say experts.
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
For the year as a whole the price is expected to average $1,270, which compares with the year-to-date average of $1,289.
Governor Rajan can be more unambiguously pro-growth.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
TCS moved into new markets like France, Japan thanks to acquisitions.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
'I am not optimistic about the global economy for the next couple of years.'
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Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
Emerging markets and Asia may be first in the firing line
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
