China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.
US interest rate normalisation policy is likely to keep global FX markets volatile.
'We are overweight on India, as it is one of the best in emerging markets (EMs)'
Conor McGregor said on Tuesday he was retiring from the sport, five months after losing to Khabib Nurmagomedov in a controversial title fight
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
The central bank had revised its inflation forecast significantly downward in the last policy
India has always been a good bet in relative terms during crises/turbulent times in emerging markets (EMs).
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.
'The Indian economy is in slowdown and growth may stay slow,' notes Devangshu Datta.
The Reserve Bank of India kept interest rates on hold at 7.50 per cent.
India is likely to attract increasing notice from global investors.
This is the highest closing level since May 11, 2016 when the rupee had finished at 66.56
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
RBI likely to cut rate early next year.
After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
Former RBI Governor Subbarao blamed Chidambaram for undermining the autonomy of RBI and putting pressure on him to cut interest rates.
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
India Inc is borrowing from global firms as interest rates sky rocket in India.
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Increased demand for the dollar from importers put pressure on the rupee.
The dollar index eased 0.05 per cent to 98.69.
Drop in oil prices and the government's reform agenda has helped India to be out of the Fragile Five group
Aditya Birla Money MD talks about liquidity concerns in the market.
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Christine Lagarde warned of a repeat of high market volatility.
'Markets should be driven more or less by earnings growth.'
Broader market outperformed the frontline indices and also hit their respective all-time highs
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.