In an interview to CNBC-TV18, Jayesh Mehta, managing director and country treasurer at Bank of America spoke at length about what the trajectory for 10-year in India as well rupee would be.

Mindtree investor day announcements: IT company Mindtree's stock was on investors' radar after the company unveiled a three-pronged approach in an investor presentation, as it geared up to take its businesses "to the future, faster".

The India VIX index - known in market parlance as the fear gauge - saw its biggest surge in 20 months amid heightened geopolitical tensions, as investors globally tracked newsflow on the Russia-Ukraine conflict closely. The VIX measures the expectation of volatility in the near term.

Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended losses to a seventh straight day on Thursday amid a broad-based sell-off, after Russian President Vladimir Putin announced a military operation in Ukraine. Geopolitical tensions kept investors on edge globally as they assessed newsflow on the Russia-Ukraine conflict. All sectors were deep in the red, with pockets such as financial, IT and oil & gas being the biggest drags on headline indices. Broader markets also bore the brunt of the sell-off. The Nifty Midcap 100 finished the day down 5.7 percent, and its smallcap counterpart fell 6.3 percent.