Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
The Indian stock market had rallied through the first fortnight of October but it gave back the bulk of its gains in the second half.
'This was the first time that I played points and that was too much for me today'
Major losers include Lupin 1.96 per cent, along with Tata Motors, Coal India and Sun Pharma.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
One man was killed and two others injured in Thrissur district on Tuesday after an uprooted tree fell on them in heavy rains and strong winds.
'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
The Reserve Bank has taken some steps to shore up the domestic currency.
The Mahindra group's Igatpuri plant becomes the first in India to be declared carbon-neutral. Ashish Narsale / Rediff.com finds out how this was achieved.
The rupee recovered by 11 paise to trade at 60.84 against the US dollar in early trade today on selling of the American currency by banks and exporters.
Bearish greenback overseas and robust capital inflows predominantly supported the domestic currency
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
A day after the Tamil Nadu assembly speaker disqualified 18 MLAs from the AIADMK's V K Sasikala-T T V Dinakaran faction, Rediff.com's A Ganesh Nadar spoke to a couple of MLAs.
Global brokerage firm CLSA is positive on India's growth stroy.
'It is perplexing to see the leader of the First World with a first rate medical infrastructure come up short on its foresight to handle the pandemic,' notes Group Captain Murli Menon (retd).
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
'The market movement will be largely driven by earnings growth.'
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
The rupee is stable, and a number other of measures have been taken to bring stability in the capital market, the FM said.
The inflows came against the backdrop of US Federal Reserve's decision to start reducing its bond purchases by $10 billion, to $75 billion, from this month.
Ravi Gopalakrishnan, head-equities, Canara Robeco Mutual Fund, tells Ashley Coutinho that earnings growth will pick up once the benefits of reform initiatives accrue.
'From a retail investor's perspective, therefore, it is essential not to get swayed by the short-term correction in the equity market and macro noise, and stay the course with their long-term financial plans,' notes Ashwin Patni.
The dollar moved higher, while prices for US government debt fell, as traders ramped up bets the Federal Reserve would raise interest rates in March
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
Rumours about a spike in taxes for equity investors are flying thick and fast.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
The rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on demand from importers for the US currency in Thursday's trade.
Modi stressed his government has created a 'security cover' to ensure good heath of children and mothers during the past 55 month of his rule.
Sentiment remains broadly supported on strong foreign buying in Indian markets, especially in debt.
Raghuram Rajan, whose current three-year tenure ends on September 4, has already said no to a second term.
If new goals have emerged, this is the time to make fresh investments.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
Corruption in the scheme may have nothing to do with fake children being shown to siphon out money, says Somasekhar Sundaresan.
It is thought that the RBI has been accumulating dollars to fight odds.
Telangana govt currently provides the state's 5.83 million farmers an income support of Rs 4,000 per acre per season, irrespective of the size of their land holding
In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.
Traders said sustained offerings by stockists on the back of weak global trend, as investors weighed the outlook for the Fed's monetary policy after improving economic growth, mainly reduced demand for gold as an alternate investment.