Modi, who is undertaking his first visit to China as prime minister, will reach the ancient city of Xi'an, the home town of President Xi Jinping, for a summit meeting, an unusual departure from normal protocol and seen as a reciprocal gesture by the Chinese leader who was hosted by Modi in Ahmedabad when he visited India in September last year.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Sensex seems to be under pressure on weak cues.
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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.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
'Look East' policy was first coined by the Narasimha Rao government in the 1990s and has been followed by the successive governments.
Immediate NSG membership will not help India realise its nuclear ambitions any faster. It could have easily left the process take its own course, instead of running a high-stakes campaign to get in, says B S Raghavan.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
India's top metro cities need to improve their infrastructure and other civic amenities too.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
Sensex closed the day 416 points higher.
Movement of rupee and crude oil prices will also dictate the trend
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
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Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
Armed with green nod and fund infusion, Gujarat govt getting ready to issue tenders to build infrastructure at the mega investment region
'The Modi regime, after experimenting with its own versions of neighbourhood policy for 18 months, has now reached the exact stage where the Manmohan Singh government had left it in so far as our Pakistan policy is concerned,' says former senior RA&W officer Vappala Balachandran.
'Under Narendra Modi's leadership, we will be able to regain our rightful place in the community of nations,' veteran diplomat Hardeep Singh Puri, who joined the BJP on January 2, tells Rediff.com's Sheela Bhatt.
Once again an Indian prime minister has realised that with Pakistan and China, things will not move as he wishes.
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
he has to demonstrate the ability of his government to take a quantum leap, almost tantamount to setting the Ganga on fire, in the next six months, if not in 100 days, if the people were to take seriously the cascade of commitments spewing out of the President's address to both Houses of Parliament on June 9, says B S Raghavan. B S Raghavan suggests five practical propositions through which the Modi government can bring in paradigm changes.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
