However, the indices later recovered on management of these companies allaying concerns over their financial position.

The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.

While several measures have been suggested to contain the rupee fall which has depreciated nearly 13% since the beginning of this year, you will be surprised to know that the Indian currency is not the only one to lose major ground due to geopolitical and fiscal factors.

Sectorally, auto and banking stocks were the top losers with BSE auto index falling 248 points and BSE bankex losing 241 points. On Nifty, top losers were Bajaj Finance, Sun Pharma and Bajaj Finserv.

The strong buying activity by DIIs has helped market scale all-time highs this fiscal. But when it comes to Indian markets, contribution of FIIs cannot be ruled out.

The Sensex and Nifty closed at fresh record highs on positive global markets after US Federal Reserve Jerome Powell said a gradual approach to raising rates was best to protect the US economy and job growth. While the Sensex closed 442 points or  1.16% higher at 38, 694 level, the Nifty ended the day at 11,691 level, rising 1.17% or 134 points. Meanwhile, the Sensex hit an all-time high of 38,736 and Nifty rose to a record 11,700 level intra day.Of 30 Sensex stocks, 29 closed in the gree...

While the Sensex closed 442 points or 1.16% higher at 38,694 level, the Nifty ended the day at 11,691 level, rising 1.17% or 134 points. Meanwhile, the Sensex hit an all-time high of 38,736, Nifty rose to a record 11,700 level intra day. Of 30 Sensex stocks, 29 closed in the green.

The Sensex touched an all-time high of 38,736 with 29 of the 30 components trading in the green. The Nifty was just short of hitting the key 11,700 level after reaching a record high of 11,695 in trade today.

While the Sensex hit an all-time high of 38,610 rising 358 points from its previous close of 38,251, Nifty gained 101 pts to record 11,659 level intra day. Meanwhile, the rupee gained in the opening trade. The currency opened higher by 15 paise at 69.76 per dollar versus close of 69.91 on Friday.

After a seemingly endless stream of gloomy news and falling values, sentiment has finally started to show signs of improvement globally against the backdrop of the upcoming visit of Chinese delegates to the US in order to re-ignite trade talks.

Benchmark indices closed lower in volatile trade today amid rising trade tensions between the US and China as talks between the two countries ended without any significant outcome.While the Sensex closed 84 points lower at 38,251 level, Nifty fell 25 points to close at 11,557 level.  The Sensex had hit a high of 38,428, rising 92 points in opening session and gained 673.20 points in the past four sessions.Brokers said besides profit-booking at record levels, a mixed trend ...

According to Rajan, although global growth has been strong in recent years, the big question is how long it can continue, and whether it justifies elevated asset prices.

RBI Governor Urjit Patel today unveiled UPI version 2.0 which will allow customers to use overdraft limit for making payments for merchants.

The rupee set a new all-time low record today, staying above the psychologically-important 70 mark against the US dollar. Here are the factors weighing down the rupee.

Meanwhile, the rupee hit an all-time low of 69.91 intra day tracking weakness in global currencies. Infosys (1.75%), Sun Pharma (1.65%) and Wipro (1.31%) were the top Sensex gainers. IT sector stocks were the top gainers today due to a fall in rupee.

On Friday too, the rupee had lost 15 paise to end at 68.83 against the resurgent dollar. A weak trend in Asia coupled with sell-offs on Wall Street last week and a slump in the Turkish lira dampened the sentiment globally, brokers said.

It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.

The Sensex plunged 356 points to close at a one-week low of 37,165.16, while the NSE Nifty dropped 101.50 points to finish below the 10,300-mark.

Forex sentiment witnessed a revival of enthusiasm as currency traders took comfort in the encouraging meeting outcome after US President Donald Trump obtained concessions from the European Union to avert a transatlantic trade war.

US President Donald Trump, who ahead of Friday's release of the gross domestic product report had promoted the notion that second-quarter growth would be robust, declared victory.