The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
A lunch with Queen Elizabeth II, an address to the Indian diaspora at the iconic Wembley Stadium and a "warm" interaction with his British counterpart is part of the hectic schedule of Prime Minister Narendra Modi's maiden visit to the United Kingdom next month.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Carmakers are gearing up to launch a number of thrilling cars within a year.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Markets closed the day in green on favourable domestic factors,
FIIs pump in Rs 2,075 crore in past three trading sessions.
Airtel acquired African telecom operator Zain in 2010 for $10.7 billion.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
The index had risen over 585 points in the previous three sessions.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
The impact of the ban will not be limited to sales.
Sales of diesel-powered utility vehicles have been declining in the past six months as the differential between petrol and diesel prices narrowed.
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.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
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 in the red.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
The S&P BSE Sensex surged 160 points to close at 25,262.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Along with HAL, Boeing intends to involve the Mahindra Group in building Super Hornets in India.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
From a Rs 9-lakh Maruti to a Rs 2 crore-Nissan, Indian auto industry packs quite a surprise for car buyers
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.
Prime Minister Narendra Modi on Friday said bilateral cooperation in defence manufacturing would be the "prime focus" of his visit to the United Kingdom.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Auto manufacturers are busy filling up their portfolio with cars catering to each and every possible segment
The broader markets are outperforming the benchmark indices.
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).
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
