The board meeting is likely to take place later in Shanghai.
Rajan has been facing continuous attacks by Bharatiya Janata Party MP Subramanian Swamy and some other sections, who have alleged that he has failed to lower interest rates and boost the economy
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
He allegedly attempted suicide when police went to arrest him. He is undergoing treatment at a government hospital, police said.
While a three-year tax holiday and relaxation of capital gains for funds have been received favourably, others argue that not enough has been announced.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
Reliance Industries leads the pack of 56 Indian companies.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.
Maharashtra has reported 31 positive cases, Kerala 19, Uttar Pradesh 11, Delhi and Karnataka six each, Ladakh three, Jammu and Kashmir, Rajasthan and Telangana two each; and Tamil Nadu, Andhra Pradesh and Punjab one case each. The total number of confirmed cases also includes 17 foreigners -- 16 Italian tourists and a Canadian, it said.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
The analysis is based on the free-float market capitalisation.
Gains in financial shares capped further downslide.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
Bank shares were the top losers after sharp gains last week.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
'I don't think Siddhartha has done anything wrong. He has not managed his debt well. In any case, he is not the best example of the system going wrong or the system pushing him hard. I think on that particular day, he was depressed and took an impulsive decision. It will be unfair to blame the system.'
Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
A Ganesh Nadar/Rediff.com meets the family of CRPF jawan G Subramanian, who was among the 41 martyred in Pulwama.
A glance back at some important events that occurred in 2018.
Markets in green tracking firm global cues.
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
'The film released when I was in Class 8. Most of the characters in it inspired me' says Sarvesh Mehtani.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
HCL Technologies has to fine-tune strategies to improve performance in the March quarter.
