Reversing its three-session downward trend, the rupee on Friday reclaimed 7 paise to close at 64.52 on fresh bouts of dollar selling amid a caution ahead of key US macro data which will guide US Fed's rate policy going ahead.
Shares of Fortis Healthcare slumped nearly 13 percent on Friday after Malaysia's IHH Healthcare Berhad said it is not close to "concluding any negotiations" to buy controlling stake in the company.
On a weekly basis, the Sensex gained 81.81 points, or 0.26 percent, while the broader Nifty shed 13.10 points, or 0.13 percent.
Indian shares fell on Friday, with the NSE index hitting a one-week low, as investors booked profits in financials such as State Bank of India and auto makers such as Maruti Suzuki India Ltd.
Caught in a downward spiral for the third straight session, the rupee on Thursday depreciated by 7 paise to end at a fresh three-week low of 64.59 on steady dollar demand amid deepening global oil rout.
Regulator Sebi is looking to review the framework for credit rating agencies as it seeks to check the menace of 'rating shopping' and pick-and-choose approach in their actions.
Mutual fund managers continued to be bullish on bank shares, with their allocation to the sector reaching an all time-high of over Rs 1.44 lakh crore at the end of May, mainly due to cheaper valuations.
India's benchmark BSE index hit a record high on Thursday as steps taken by the capital markets regulator to attract more investments and tackle massive bad loans of banks boosted sentiment.
Reliance Communications, which is saddled with Rs 45,000 crore of debt, has got a 7-month reprieve from banks to service it.
The BSE Sensex zoomed to all-time high of 31,450 in late morning trade.
The Reserve Bank of India (RBI) on Wednesday removed restrictions on foreign investments in IDFC.
The Securities and Exchange Board of India (SEBI) on Wednesday allowed hedge funds registered as category III Alternative Investment Funds (AIFs) to invest in commodity derivatives as clients, opening up the market to institutional investors for the first time.
Markets regulator Sebi on Wednesday tightened P-Note norms by levying a fee of USD 1,000 on each instrument and barred their issuance for speculative purposes to check any misuse for channelising black money.
Markets continued to look for direction for the second day Wednesday with the benchmark S&P Sensex closing about 14 points lower in rangebound trade as weak oil prices hurt stocks amid sustained capital outflows.
The Securities and Exchange Board of India (SEBI)on Wednesday tightened regulations on offshore derivatives by increasing fees and banning the sales of certain products, while at the same time easing registration rules for foreign portfolio investors.
Indian shares fell on Wednesday, tracking Asian peers, as investors waited for minutes of a policy meet by the central bank to gauge the direction of interest rates in the months ahead.
The Sensex made a retreat from record high today to close slightly down in a choppy session as investors took to caution on perceived GST hiccups.
Regulator Sebi's board will meet on Wednesday to discuss the actions taken so far against brokers allegedly involved in the Rs 5,600 crore NSEL scam along with the status of the ongoing probe into the NSE co-location issue.
Investors tracked higher Asian markets, which took comfort from the overnight record close in US stocks driven by rebound in technology shares. But the gains were capped on continued FII selling.