Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The derivatives expiry on Thursday is also expected to add to the volatility.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The markets had been on an upward trajectory since August 2013.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Be a disciplined investor for attractive returns, says fund managers.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
'At the first board meeting I chaired, I sensed that corporate governance is an issue in this company.' 'I started taking steps that may have aggrieved a few.' 'This has now become a mission I intend to accomplish before I step down.'
In recent past, midcap stocks have performed well, say experts.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
The government has also built in mechanism to protect investors from price fluctuation.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
The Sensex ended below 28,000 for the second straight day at 27,869.