Spanish airport company AENA fell 2 percent after Thursday's attack, in which a suspected militant drove a van into crowds in central Barcelona, killing 13 people. The risk-off moves also hit banks, down 1.2 percent, with Deutsche Bank and BNP Paribas among the worst performers.
Earlier, the rupee resumed lower at Rs 64.18 per dollar as against last Tuesday's closing level of 64.15 at the Interbank Foreign Exchange (Forex) Market here. Later, it recovered to quote 64.10 on sustained bouts of dollar selling from banks.
On similar lines, the National Stock Exchange index Nifty dropped by 73.95 points or 0.74 per cent to 9,830.20.
In a 38-page order dated August 16, Sebi said the practices adopted by the 22 entities are "serious in nature which have the cascading adverse effect towards the investors/shareholders" and have inflicted a fraud on them.
The NSE Nifty surged by 50.50 points, or 0.51 per cent to, 9,947.80. While, the 30-share Sensex surged by 166.62 points, or 0.52 per cent, to 31,937.51 points in early trade. The gauge had gained 557.30 points in the previous two sessions.
The 30-share Sensex zoomed 321.86 points or 1.02 per cent to close at 31,770.89, its highest closing since August 9, when it had closed at 31,797.84. Intra-day, the gauge shuttled between 31,805.99 and 31,399.35.
The NSE 50-share Nifty also traded higher by 11.55 points, or 0.12 per cent, to 9,805.70 at 1100 hours. Major gainers were ITC 2.12 per cent, HUL 1.66 per cent, HDFC 1.46 per cent, Heromotocorp 1.23 per cent and Tata Motors 0.96 per cent.
"The government should actively consider not bracketing the capital goods in the same GST bracket as luxury goods and sin goods. A lower GST rate will help increasing share of leasing in gross capital formation," Mahesh Thakkar said
The 30-share barometer, which had gained 235.44 points in the previous session on Monday, was trading higher by 153.61 points, or 0.48 per cent, at 31,602.64, with FMCG, auto, power, consumer durables, IT, metal and realty stocks leading the gains.
Forex dealers said dollar strengthening against other currencies overseas on strong US sales data weighed on the rupee sentiment. However, a higher opening in the domestic stock market limited the rupee losses, they added.
The BSE Sensex remained in the negative zone and settled down 317.74 points, or 1.01 per cent, at 31,213.59, its weakest closing since July 4. The index had tumbled 794.08 points in the last four sessions.
The BSE 30-share Sensex remained in the negative zone and settled down 317.74 points, or 1.01 per cent, at 31,213.59, it's weakest closing since July 4.
Dealers said early losses in domestic equity markets also influenced the rupee. Besides, strength in the US dollar against some other currencies overseas weighed on the rupee sentiment, they said.
The dollar recovering from eight week lows against some currencies overseas and a lower opening in the domestic equity markets weighed on the rupee, dealers said. The rupee had lost 21 paise versus the dollar to end at 63.84 in the previous session.
The gauge had lost 527.57 points in the previous three sessions. The Nifty ended the day at 9,820.25, down 87.80 points, or 0.89 per cent.
The index has now lost 527.57 points in three sessions. The NSE Nifty also remained under pressure and was down 70.50 points, or 0.71 per cent, to close at 9,908.05. Intra-day, it cracked below the 9,900-mark to touch 9,893.05.
The session resumed lower, while across-the-board selling pressure was seen in today's volatile session, the losses were mainly led by pharma, auto, infra and banking segment.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 82.9248 and 57.94 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.
Yesterday, the rupee staged a strong comeback to close 17 paise higher at 63.63. Meanwhile, the benchmark BSE Sensex was trading lower by 158.30 points or 0.49 per cent to 31,855.89 in early trade today.
Falling for the third straight session, the 30-share index dropped by 158.30 points, or 0.49 per cent, to 31,855.89 with sectoral indices, led by realty, healthcare, capital goods, FMCG and bank, were trading in the negative terrain with losses up to 2 per cent.
Besides, auto, capital goods, teck, healthcare, IT and realty stocks were among the big gainers. The benchmark BSE Sensex gained 70.10 points, or 0.21 per cent, to 32,343.77. It had lost 51.74 points in yesterday's trade.
Yesterday, the rupee faced a temporary hitch and retracted from its two-year high to close at 63.80 a dollar by tumbling 22 paise after the four-day strong rally lost momentum on sharp recovery of the US currency.
The EPFO, which has a corpus of close to Rs 10 lakh crore, decided last month to pump in Rs 22,500 crore in exchange traded funds in 2017-18 following approval from its central board of trustees to increase the equity investment from 10 per cent to 15 per cent.
The NSE Nifty was quoting 19.10 points or 0.19 per cent higher at 10,085.50. Barring IT and teck, all the sectoral indices, led by metal, realty, bank and auto were trading in the positive terrain with gains up to 1.03 per cent.
However, a higher opening of the domestic equity market capped the rupee's losses. The rupee had strengthened by 11 paise to end at a fresh two-year high of 63.58 against the US currency on Friday even as panic dollar unwinding continued.
The NSE Nifty was above the 10k mark at the close at 10,066.40, up 52.75 points -- or 0.53 per cent -- after hitting a high of 10,075.25.
Rate sensitive stocks like banking, realty and auto continued their fall for the second straight session, plunging by up to 9 per cent, after the RBI policy announcement failed to enthuse investors.
The Nifty slumped by 67.85 points, or 0.67 per cent, but managed to close above the 10,000-mark at 10,013.65 after touching a low of 9,998.25. Lupin took the biggest blow plunging 3.80 per cent, followed by Coal India 3.36 per cent.
The Reserve Bank's decision to lower the benchmark rate by 25 bps to 6 per cent yesterday was already priced in, which is why there is nothing to cheer, dealers said. The National Stock Exchange Nifty also fell by 23.25 points, or 0.23 per cent, to 10,058.25.
On Wednesday, the rupee had surged 37 paise in its best single-day show this year to breach the psychological 64- level, ending at a fresh two-year high of 63.70. This followed the RBI lowering the repo rate by 0.25 per cent.
On the other hand, the Sensex slipped from life highs to end over 98 points lower at 32,476.74 after two straight record-setting sessions as the RBI’s decision to lower the policy rate to 6 per cent failed to cheer investors.
The 30-share index, which had retreated from record highs in late morning trade, was trading down 128.80 points, or 0.40 per cent, at 32,446.37 soon after the RBI announced its bi-monthly monetary review.
The two-day monetary policy meeting concludes on Wednesday. Fresh demand of the US currency from importers, traders said, weighed, but domestic equities soaring to new high sand the dollar's weakness against other currencies overseas arrested the rupee's fall.
The 30-share Sensex too gained 100.51 points, or 0.30 per cent, to 32,615.45. The gauge had risen 205.06 points in the previous session to close at an all-time high of 32,514.94.
Dealers said the dollar's weakness against other currencies overseas -- except the Japanese yen -- and a stronger opening in the domestic stock market gave the rupee strength.
The production of coal declined by 6.7 per cent, refinery products by 0.2 per cent, fertiliser by 3.6 per cent and cement by 5.8 per cent, as per the official data. Crude oil output rose to 0.6 per cent last month as against a decline of 4.3 per cent in June 2016.