The benchmark indices on Thursday posted gains with the BSE Sensex rising 184.29 points to close at 28,208.62,

Online retailer Snapdeal has ended its 'no questions asked' return policy on electronic products purchased through its platform.

The US dollar ended against the rupee at 66.65/66 per dollar against previous close of 66.77.

The stock market has gotten used to the usual domination of US dollar over rupee.

The price of OPEC's basket of 13 crudes slipped tad to $44.07 a barrel on Tuesday, compared to $44.07 on Monday, according to the OPEC Secretariat.

OPEC

It is believed that the India's foreign exchange reserves went down by $1.13 billion to $361.99 billion as on May 6, 2016, according to the reports stated by Reserve Bank of India (RBI).

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Market benchmark Sensex resumed its downward spiral today by nosediving 418 points to close at over 20-month low of 24,062.04, tracking massive sell-off in global indexes on growth worries, while oil again dipped below the USD 28-level.

The benchmark BSE Sensex pared initial losses, but was still trading down by 141 points in late morning trade owing to continued all-round selling due to weak global cues.

The banks will "shortly" issue the second tranche of sovereign gold bonds, Finance ministry said. "Sovereign Gold Bonds: Next Issue opens shortly.

The government today reappointed Urjit Patel, who headed a committee that paved the way for the proposed monetary policy committee, as the deputy governor of the Reserve Bank for a second three-year term.

Rising for the first time in five sessions, the benchmark BSE Sensex today rose by 82.50 points to recover from 19-month lows on value-buying in recently beaten-down stocks, led by Tata Motors, RIL and ITC.

In the worst crash this year, the benchmark Sensex today broke below the 25,000-level by tanking about 555 points to close at 24,851.83, a 19-month low, as global stock and currency markets reeled after China let the yuan fall faster to battle a slowing economy.

The benchmark BSE Sensex was trading lower by 77 points in early deals on sustained capital outflows by foreign funds and selling by retail investors.

In its biggest fall in more than three months, the benchmark BSE Sensex today plunged by 537.55 points to crack below the 26,000-mark as worries over China's economic slowdown and geopolitical tensions in the Middle East combined to spook investors.