Major gainers which contributed to the Nifty were ICICI Bank, State Bank of India, Reliance Industries, ONGC, Tata Consultancy Services, Infosys, Bajaj Auto, Tata Power and Larsen and Toubro.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The Sensex swung over 660 points both ways on alternate bouts of selling and buying before closing the day higher by 97.39 points, or 0.28 per cent.
US and European institutional investors bought a majority of shares in the over Rs 4,800 crore (Rs 48 billion) QIP offering by telecom operator Reliance Communications.
'At 1.58% of GDP, the defence budget is one of the lowest since the Chinese aggression of 1962.' 'The government of the day has lost sight of the fact that defence of the country is as important as its growth,' says Brigadier S K Chatterji (retd).
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Tracking the strong momentum in the broader market, as many as 99 stocks touched their one-year high level on the BSE on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
The B-school also witnessed new roles in the domain.
Gains were led by HUL on better-than-expected margins in March quarter and capital goods shares.
Oil & gas, banking and pharma sector stocks stole the show
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
SBI said the crisis in Grece would have little impact on the bank.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
More than 100 days as the chief executive of India's second-largest information technology (IT) services company Infosys, Vishal Sikka on Wednesday said he was upset at the sector. He added there was a "better direction" the industry must look to take.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
This is the highest closing for both the indices since May 15.
Stock market investors on Friday became richer by over Rs 1 lakh crore as the share market rose and the benchmark Sensex galloped to a new closing high enthused by the clear win of Narendra Modi-led BJP in Lok Sabha polls.
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
TCS created wealth worth Rs 3,458 billion for the period 2010-15.
The 30-share Sensex ended down 215 points at 27,011.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
The NSE Nifty, comprising 50 shares, breached the 8,300-mark for the first time to hit a new lifetime high of 8,330.75.
Bad weather and hostile terrain have hampered the evacuation operation in Chhattisgarh's insurgency-hit Sukma district where armed rebels had on Saturday ambushed a team of Special Task Force killing seven personnel.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
