The Sensex opened with a strong gain of 35 points at 6,170, and exhibited a fluctuating trend during the intra-day trades today.
The markets witnessed strong optimism during the trading session today. Although the Sensex resumed 13 points lower over its last close at 6,768, it soon bounced back into the green to remain firm thereafter.
Sustained rise in equity markets in view of progress in monsoon mainly boosted the rupee value against the dollar.
Six key World Trade Organisation members, including India, on Monday failed to reach an agreement on steps to liberalise trade in agriculture and manufactured goods.
The National Assembly Standing Committee on Foreign Affairs on Monday issued a four-page policy paper linked to Kashmir.
China is in no hurry to disengage at the border and the region and international community is moving on. The spectre of a long haul in Ladakh haunts India, points out Ambassador M K Bhadrakumar.
Prime Minister Modi told President Xi that he has made efforts to improve ties with Islamabad but these efforts have been "derailed".
The NSE Nifty lost 300 points to close at 4899.
The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.
The rupee on Friday closed 10 paise higher at 65 against the US dollar on fresh selling of greenback by banks.
The rupee strengthened by 14 paise to close at 66.41 against the US dollar on Wednesday.
If the government of India is indeed interested in an amicable solution, instead of proposing half-hearted steps such as putting the laws on hold for 18 months, it can withdraw the legislations and think of other possible solutions, given the basic constitutional position that the subject of agriculture is in the State list in the Constitution, it said.
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
Though most analysts expect the global central banks to keep the liquidity tap open, valuations of Indian markets, they say, are beginning to look stretched. Against this backdrop, they remain cautious, with some even expecting a minor correction from here on.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
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The bank says the rupee can reach 57-58 levels though the RBI may try to stem the volatility by starting to build reserves at 60.
India, which has shipped 'Made In India' COVID-19 vaccines to around 25 nations, on Wednesday urged the international community to stop 'vaccine nationalism' and actively encourage 'internationalism', underlining that hoarding superfluous doses will defeat global efforts to attain collective health security and combat the pandemic.
Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.
The Sensex opened six points higher at 6,595, and surged to an intra-day high of 6,643 on strong early buying support in old economy stocks.
The spread of novel coronavirus has brought sport across the world to a standstill over the last two months and Kevin Pietersen thinks every effort should be made to resume professional cricket as soon as it is safe to do so.
Rich countries should bring down tariffs on goods that developing countries want to export to them for achieving objectives of the Doha Round of trade talks at WTO, President A P J Abdul Kalam said on Friday.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
India has said the stalled agreement for four more Russian nuclear reactors in Koodankulam in Tamil Nadu was not a setback.
Public sector general insurance employees across the country began a two-day strike on Wednesday demanding wage revision, pending since Aug 2002 and resumption of promotion exercise, which was stopped last year.
The world's top eight industrial nations on Monday ppeared to have climbed down from a tough position on farm subsidies, reviving hopes of resumption of the collasped WTO talks.
The prime minister is likely to talk about its possible extension.
Pakistan has kept trade and bus services suspended for a little over 10 days but has not publicly stated its stance.
IMAGES from Day 1 of the Wimbledon Championships played on Monday.
PM said he admires German leadership in clean energy and commitment to combating climate change.
'One cannot escape the conclusion that Pakistan has won the Paris-Bangkok-Islamabad round. To be able to resume the composite dialogue without making any progress on the Mumbai attack trials is a dream come true for Pakistan.'
The rupee ended the day stronger against the dollar.
Patil may discuss with the state administration the issue of deployment of central paramilitary forces along the state's borders with China and Nepal.
Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%
Though General Naravane's visit will not deal with 'impermanent' issues like the changing stands of politicians, it will certainly reinforce the deeper 'permanent' links between the people of Nepal and India. Time will hopefully tackle the present impermanence of the Sino-Nepalese romance, notes Claude Arpi.
The Sensex opened 12 points higher over its last close at 6,617. Steady buying in select heavyweights pushed the index to a high of 6,636
The Sensex opened on a flat (up two points) note at 6,513, and snapped gains immediately on the resumption of selling pressure.
China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world's second largest economy to a standstill. China's gross domestic product stood at 20.65 trillion yuan (USD 2.91 trillion, approx) in the first quarter of 2020 amid the Covid-19 impact, down 6.8 per cent year on year, China's National Bureau of Statistics (NBS) said on Friday.
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