The Head of Retail Research, Motilal Oswal Financial Services, said markets are likely to remain range-bound ahead of US Fed interest rate decision to be announced on September 21.
The CM will address potential investors invited from diverse sectors at the Mumbai roadshow.
This is the second case being probed by the ED about the alleged violation of money laundering norms in the co-location scam.
The 30 stock S&P BSE Sensex was trading 736.95 points or 1.25 per cent down at 58,096.92 points at 1.47 pm against its previous session's close at 58,833.87 points.
As of 11:00 a.m., Indices are experiencing strong selling pressure with Nifty dipping below the 17,350 level and Sensex falls 700 pts; IT, metals, financials top drags.
In order to standardise the methodology pertaining to disclosure of a 'sharp rating action', Sebi said CRAs will have to compare two consecutive rating actions.
In Asia, markets in Seoul, Shanghai and Tokyo ended lower, while Hong Kong settled in the green.
Justice Jasmeet Singh issued notice to ED on the bail plea and asked it to file its status report.
Jhunjhunwala-backed Metro's shares hit 52-week high, late investor's wealth rises by Rs 221 cr on final trading day
Rekha Jhunjhunwala holds 3,91,53,600 Metro Brands shares, which is 14.43 per cent of the total paid-up capital of the company and is the third largest shareholder.
The companies cited "low turnover in the US" and "high administrative burden and costs" as their reason for the departure.
Tech Mahindra was the top loser in the Sensex pack, slipping 1.34 per cent, followed by Nestle India, Maruti, Infosys, UltraTech Cement, TCS and Sun Pharma.
NTPC was the top loser in the Sensex pack, shedding 2.42 per cent, followed by Wipro, Bajaj Finance, HCL Tech, Infosys and Tech Mahindra.
Markets also have been rattled by Russia's war on Ukraine, which has caused prices of oil, wheat and other commodities to spike and by uncertainty about the impact of Chinese anti-virus curbs.
The broader NSE Nifty went up by 15.50 points or 0.09 per cent to finish at 17,397.50.
Special Judge Sunena Sharma said the material available prima face showed Pandey was actively involved in the execution of recording and monitoring of calls at the NSE,
The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red.
In Asia, markets in Seoul and Tokyo ended higher, while Shanghai and Hong Kong settled in the red.
At NSE, Chauhan faces an uphill task of guiding the bourse bogged down by governance lapses, a co-location scam, technical glitches and a phone-tapping probe.
Among Sensex constituents, Infosys, Axis Bank, Hindustan Unilever, Dr Reddy's Lab, Wipro, Kotak Mahindra Bank and Larsen & Toubro were the biggest laggards.
The NSE's public issue had got derailed after the bourse got embroiled in the co-location controversy, where certain brokers were allegedly given unfair access to the exchange data feeds.