The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
After the latest spike in crude oil prices, petrol prices could potentially go up to around Rs 90 a litre making a dent in the consumer's wallet. This, the analysts fear, will push the cost of vehicle ownership in the country, further reducing the demand potential for the industry.
The rupee fell to a two-year low of 64.84 against the US dollar.
Tata Steel, others sell assets abroad after taking massive impairments.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Ahead of PM Modi's maiden visit to the UK, the British media today said "troubles at home" after the BJP's drubbing in the Bihar elections will overshadow his visit.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Oil and select auto heavyweights bore the brunt of selling pressure; ONGC, RIL, Tata Motors, M&M key losers.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Markets under pressure; IT financials grab spotlight.
Audi India launched the second generation 2016 Audi R8 at the show.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
Prime Minister Narendra Modi on Friday said bilateral cooperation in defence manufacturing would be the "prime focus" of his visit to the United Kingdom.
A century-old European bicycle brand gets a makeover under its new Indian owner. But is there room for yet another premium commuter bike?
Prime Minister Narendra Modi on Saturday inaugurated a memorial in London dedicated to Dr B R Ambedkar over two months after India acquired the bungalow where the Dalit icon and architect of India's Constitution lived as a student in the 1920s.
Sensex ends lower; govt schemes in focus.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
The broader markets are outperforming the benchmark indices.
Markets closed the day in green on favourable domestic factors,
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
'The coronavirus epidemic highlights the need to start thinking more actively about multilateral coordination, including, but not confined to, health emergencies and climate uncertainties,' says Rathin Roy.
Toyota, M&M and Honda are making tough adjustments to their growth plans as uncertainty over diesel vehicles and fuel emission norms rises
RIL is also more profitable than Tata Motors.
Indian CEOs might like to make some serious course correction.
In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
23 Nifty companies reported an annual decline in net profit.
Sensex may remain under pressure this week due to weak global factors.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Sensex seems to be under pressure on weak cues.
Seeking to strengthen Indo-UK economic ties, Prime Minister Narendra Modi on Thursday arrived in Britain on his first visit to the country during which he will have a hectic schedule that will start with talks with his British counterpart David Cameron.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
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