The rally in index heavyweight ITC has boosted the sentiment across the board.
Bankers say loan demand was more muted this festival season than last year.
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The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
On the rupee, it expects some appreciation pressure on in the near term from greater portfolio flows.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
In a brazen daytime attack, Naxals on Tuesday ambushed a security team killing 15 personnel including 11 of the Central Reserve Police Force and also a civilian in a chilling reminder of the 2010 massacre of 76 securitymen in the same area in the worst-hit Sukma district of Chhattisgarh.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Markets ended at record closing highs for the second day in a row on institutional buying.
Infosys, Wipro and HUL among the top losers for the day.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Markets surged in late trades to snap five-day losing streak led by bank shares.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
A revival in investment is likely to be a key near-term initiative.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
In the December quarter, Sensex earnings had contracted 5 per cent.
Sensex lacklustre, bluechips in focus.
