The companies include Larsen & Toubro, Hindustan Unilever, Infosys, TCS and Sun Pharma
Investors will remain cautious ahead of F&O expiry.
The markets have opened marginally higher tracking subdued global cues.
While Vedanta was the biggest gainer in the Sensex pack rallying 4.67 per cent, others included Tata Steel, ONGC, NTPC, Yes Bank, Infosys, Sun Pharma, Bharti Airtel, SBI, Bajaj Finance, L&T and RIL, rising up to 4.13 per cent.
Sector insiders and analysts say this is due to combination of slowing property markets and liquidity issues.
Salaries are performance-linked and FY12 was good on both counts; now, persistent inflation and patchy rains show on rural market.
Kotak Mahindra Bank was the biggest gainer on both the indices, ending nearly 9 per cent higher following reports that Warren Buffett's Berkshire Hathaway Inc was planning to pick up stake in the private sector lender.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
The benchmark indices ended on a strong note on Tuesday, amid positive global cues, led by heavyweights such as Infosys, HUL and HDFC. The Nifty closed above its crucial psychological levels of 5,400 up 55 points to close at 5,421 and the Sensex advanced 194 points to close at 17,885.
Having delivered the numbers, Nitin Paranjpe talks about his plans to make Hindustan Unilever future-proof.
The market breadth in BSE remained dismal with 1,708 shares declining and 1,084 advancing.
Companies which have been dropped from the list include Tata Motors, Hindustan Unilever, MRF, Glaxo SmithKline Consumer Healthcare, Pfizer, Dr Reddy's Labs, Glenmark Pharmaceuticals, HDFC and Kotak Mahindra Bank
In its recent annual report for 2011-12, the country's largest fast-moving consumer goods (FMCG) company, the market value of which is about Rs 1,00,000 crore (Rs 1,000 billion), stated these segments were "key capabilities in order to win in the future".
Reckitt Benckiser's Dettol brand appears to be the target of arch-rival Hindustan Unilever (HUL)'s Lifebuoy for the second time in a row, with a new commercial saying the latter is far more effective than the former.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
In the Sensex pack, index heavyweight Reliance Industries fell 2.84 per cent to Rs 1,057.15 after reports that the company's oil assets may take a hit due to the government's imposition of cost controls on soaring petrol and diesel prices.
There have been complaints from consumers that the firm has increased the base price of products and then charged the lower GST rate, thereby keeping the MRP of products the same in pre and post tax rate cut.
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High retail inflation is exerting pressure on households to cut expenses wherever possible.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
HUL, UltraTech, Asian Paints, L&T, HDFC Bank top global valuation charts
The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.
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Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
The Qatar Investment Authority deal follows Byju's raising money from the Canada Pension Plan Investment Board, which was also the first direct investment by the Canadian pension fund in an Indian start-up. In March, Byju's had raised $540 million at a valuation on $5.4 billion, making it the most-valued ed-tech company in the world.
The broader NSE Nifty rose nearly 124 points to settle just below the psychological 11,000 level.
The biggest losers in the Sensex pack were M&M, ONGC, Vedanta, Tata Steel, L&T, HDFC, NTPC and Axis Bank, falling up to 3.04 per cent.
On its radar are Alberto-Culver and the personal care and laundry portfolios of Sara Lee, both recent acquisitions of Unilever.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Company may look at 5-6 launches a year as the market for premium and niche products grows
India consistently ranked among the top three countries whose products were rejected for import by the regulator.
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Pharma major Sun Pharma remained the worst loser in the Sensex pack for the second day in a row after reports that regulator Sebi may reopen the insider trading case against the company.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Most business groups in India, including Godrejs, Tatas and Mahindras, have seen patience tested in JVs, with some of them winding up quickly
Korean consumer durables LG on Monday announced its entry into the Indian water purifier market and said it aims to be a major player in the category by offering a range of products across all segments of consumers.
Bajaj Auto, said the company might re-enter the scooter market and if and when it does, the iconic Chetak might be revived.
"From time to time, we do India-specific innovations through products and benefits. Our studies showed that Indian women want a blemish-free skin," says Richa Singh, marketing manager, Garnier India.