Banking and capital goods stocks were out of favour, while oil and auto stocks saw buying interest.
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.
State oil refiners, who are the biggest buyers of US dollars, agreed to implement the RBI order with immediate effect, sources with direct knowledge of the development said.
The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
Markets end almost flat, bluechips in focus.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
After getting Indian Oil Corporation, the nation's largest oil firm, to drop four independent directors and Engineers India Ltd to boot out two, it is now seeking to sack former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.
Gains were led by Tata Motors on robust Q1 earnings and HDFC Group shares.
Asian shares ended higher after a string of positive US economic data.
Banks stocks continued to trade weak along with FMCG major ITC.
The S&P BSE Sensex ended 190 points up at 23,382.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Indian basket at 6-month low of $49.11 a bbl
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Banks, real estate and metal scrips among the top losers.
Markets ended in green on rate cut hope.
Markets crashed due to domestic worries; bluechip stocks tanked too.
These firms offer job security and lucrative salries.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
#GiveItUp but no matching LPG connections for BPL
Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes.
Govt diverts Rs 253-crore subsidy savings to the poor.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
ONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for $2.475 billion.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Lack of clarity on the overhaul of the subsidy-sharing mechanism by upstream companies.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Companies to hold rates in Delhi until new government is formed.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The companies' underrecoveries stood at a whopping Rs 1,39,869 crore last financial year. Of that, Rs 62,837 crore was accounted for by diesel alone.
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.