ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Banks and realty among the most hit on account of high borrowing costs.
Only six sectors are likely to report good set of numbers in Q4 FY15.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Two out of three times, the market has delivered positive returns.
TCS, Power Grid and Infosys are among the top S&P BSE Sensex gainers
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
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.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
The Sensex ended in red on domestic concerns.
Nifty snaps 10-day winning streak
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Oil, banks eneded the day in green while few in auto sector lost heavily.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
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