Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
BSE Bankex and Telecom indices led the fall.
As visiting G20 leaders trooped one by one into their summit venue, it was a warm hug for the host and Australian Prime Minister Tony Abbott from his Indian counterpart Narendra Modi.
Six Tamil Nadu fishermen were injured on Tuesday when they were allegedly attacked by the Sri Lankan navy which briefly detained 13 others near Katchatheevu in the Palk Straits.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
Custodian banks are selling dollars for their foreign fund clients.
United States has moved more warships and fighter aircraft to the Persian Gulf to keep the strategic Straits of Hormuz open and strike deep within Iran if the stand-off over its nuclear programme escalates.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
Internal strife and tribalism is endemic to Afghanistan, notes Colonel Anil A Athale (retd).
Sensex, Nifty put up a good show in closing trade.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
Markets surged in late trades to snap five-day losing streak led by bank shares.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Sensex seems to be under pressure on weak cues.
The broader markets also ended lower in line with the benchmark indices
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
"CCP's (Chinese Communist Party) territorial aggression is also apparent on its Indian border where China has attempted to seize control of the Line of Actual Control by force," US National Security Advisor Robert O'Brien said in a remark on China early this week in Utah.
Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.
Remember the US withdrawal agreement was signed in February 2020. In the intervening period, a proper evacuation plan ought to have been in place. It was not. Consequently, tens of thousands of Afghans who had worked as interpreters, drivers, suppliers of goods and services, etc, face brutal retribution from the Taliban, Virendra Kapoor points out.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The Sensex ended in red on domestic concerns.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Henry Kissinger once said, 'It may be dangerous to be America's enemy, but to be America's friend is fatal.' India will have to wait and see, observes Rajeev Srinivasan.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
TheWhat led to Pakistan not taking advantage of India's difficulty is the hold that the US has over the Pakistani ruling elite, observes Colonel Anil A Athale (retd).
If the idea of LWP scheme is to only weed out around 600 employees and subsequently save the carrier Rs 10 crore a month, the management could have easily laid off the retired employees, who had an advantage over others by dint of having 'connections' internally and in the corridors of the ministry of civil aviation, say Air India staff.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Xi ordered the military to think about worst-case scenarios, scale up training and battle preparedness, promptly and effectively deal with all sorts of complex situations and resolutely safeguard national sovereignty, security and development interests, state-run Xinhua news agency reported, without mentioning any specific issues that posed a threat to the country.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
Their leaders in the provinces, which have been under the control of Taliban commanders for several months now, speak the language of the bigot. Women are known to have been abducted and enslaved. Several young girls have simply disappeared.
The Sensex ended lower on unfavourable cues.