MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent in early trade, while Australian stocks were a fraction weaker. Japan's Nikkei dithered either side of flat, while EMini futures for the S&P 500 eased 0.03 percent.
SEBI chairman Ajay Tyagi on Wednesday called for bringing more farmers into the futures trading by linking them with commodity exchanges.
The index recorded a bearish candle for the third consecutive session in a row on Wednesday. Although the index managed to close slightly above its 50-DEMA, the outlook still remains cautious.
The Nifty which opened at 10,171.95 rose marginally to 10,175.45. But, bears took control of D-Street and pushed the index below its 50-DEMA to hit an intraday low of 10,094. It closed 68 points lower at 10,118.
The 30-share BSE Sensex was down 181.43 points at 32,760.44 and the 50-share NSE Nifty fell 68.60 points to 10,118.
The broader markets fell more than equity benchmarks, with the Nifty Midcap shedding 1 percent on weak breadth. About three shares declined for every share rising on the NSE.
The main aim of the campaign is to make investors aware of the risks of taking unsolicited financial tips from dubious sources
Dena Bank, Lupin, Reliance Communications, Reliance Infra, Reliance Power and Sakthi Sugars were some of the stocks hit new 52-week low in the afternoon trade.
India's only IFSC has been set up in GIFT City, Gujarat, to enable Indian entities to compete on an equal footing with offshore financial centres.
Watch the interview of Dharmesh Bhatia of Emirates NBD with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Apple has witnessed a phenomenal rise up the charts over the last 10 years, ever since the launch of the iPhone in 2007 which truly turned around their fortunes.
39 stocks hit new 52-week high on NSE including Jubilant Foodworks, Balkrishna Industries, Jet Airways, Minda Industries Voltas, etc while Lupin, Reliance Communications and Sakthi Sugars were some of the stocks hit new 52-week low in the afternoon trade.
Among other public sector general insurers, General Insurance Corporation of India (GIC Re) and New India Assurance are already listed on the stock exchanges. They had brought out their IPOs in the last few weeks.
India has had a boom in IPOs, with a record $11 billion raised this year. However, high valuations - especially for some recent insurance IPOs - have produced some weak secondary market debuts and weighed on investor sentiment in recent weeks.
Satish Gupta of astrostocktips
We saw high single-digit growth for Nifty and the pace of downgrades has reduced. At the aggregate level, a lot of positive surprises came from global commodities pack, says Mihir Vora, Director & CIO, Max Life Insurance.
The top losers were Vedanta which fell 2.9 percent while Hindalco Industries was down 2.89 percent. Sun Pharma, Indiabulls Housing Finance and GAIL India were the other top Nifty losers.
In October 2016, Sebi had directed the firm and its seven directors to refund the money which the company had collected by issuing secured optionally convertible debentures to the investors without complying with public issue norms.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks and sectors.
Rain Industries, HEG, Graphite India, Goa Carbon and Phillips Carbon plunged 5 percent.
It would be a first for Sebi to have a chief economist, who would be responsible for overall macro-economic scenario analysis including interplay of various financial sector regulatory activities.
Brent crude futures were at $61.47 per barrel at 0106 GMT, down 74 cents, or 1.2 percent from their last close.
Spot gold was nearly unchanged at $1,280.90 per ounce at 0103 GMT. On Tuesday, gold touched a session low of $1,270.56, a bottom since Nov. 6, before recovering to gain about 0.2 percent.
We expect the spot USD-INR to trade in a range of 65.20-65.80, says Pramit Brahmbhatt of Veracity.
Analysts’ advise investors to churn their portfolio and increase weight in sectors which are still under-owned and can outperform markets in the next 1-2 years. It makes sense to invest in companies in sectors such as consumption, infrastructure, IT, telecom as well as BFSI.