The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
It is high time to manoeuvre the rupee more effectively and predictably, even as it has to be recognised that such tweaking of the rupee needs to be accompanied by reforms to the real sector and factor markets.
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
TCS, Power Grid and Infosys are among the top S&P BSE Sensex gainers
The Sensex will then rally further and end 2016 at 28,000, according to the median forecast of 50 analysts polled in the past week.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
But experts say downside limited, pockets of opportunities for investors
Rupee movement, global cues key for stocks this week: Experts
Forex market was shut on Tuesday on account of 'Mahavir Jayanti'.
In line with rally in stocks, the Indian rupee on Monday appreciated for the second straight session and closed with a eight paise gain at a one-week high of 61.36 against the Greenback.
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.
The broader Nifty also succumbed to the pressure before recovering to close lower by 6.35 points, or 0.07 per cent at 8,693.05
The rupee weakened by 27 paise to trade at six-week low of 60.45 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
The rupee on Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.
Sensex gains 2.4%, Nifty crosses 7,000; investors feel exit polls have vindicated their stand
Banks and exporters preferred to reduce their dollar position in view of its weakness.
Investors should now be looking at trimming their portfolio and making prudent investment decisions
India's macroeconomic environment is improving, but it is still not past the point where it can ignore the developments in the global markets
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
Finance Minister P Chidambaram on Monday said the currency will find its level as steps being taken by the government to contain fiscal and current account deficits will improve investor sentiments.
A logjam on the GST front could turn things upside down and turmoil in Gujarat might also have an adverse impact
Sensex, Nifty end the day in red ahaead of F&O expiry.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Most Asian stock markets steadied on Wednesday.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
S Naren of ICICI Prudential says long-term investors needn't worry.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
This move to make it easier for funds to avail of tax exemptions.
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
In 2015, foreign investors slowed net buying of Indian equities.
The central bank operationalised these special windows on September 4 to prop the rupee which had fallen close to 30 per cent between April and August.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
These investors have pumped in about Rs 6,900 crore (Rs 69 billion) in the seven trading sessions after the Federal Open Market Commission meet.
Many factors leading to the 2008 financial crisis still exist.
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