A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Index heavyweights were the top losers along with bank shares.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
FIIs pump in Rs 2,075 crore in past three trading sessions.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Banks will need more funds, as they have to provide more capital.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
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