Positive cues from the global market front aided the rally.
Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.
SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI Bank, Maruti and HCL Tech were among the laggards.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
The 50-share NSE Nifty too rose by 20.35 points, or 0.19 per cent, to end at 10,908.70.
'The correction could take two to three months and traders need to be careful.' 'For investors, this could be a good time to nibble in.'
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
Rise in investor sentiment, return of risk appetite aid shares across the board
Pharma stocks have performed well after Budget
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
'Investors should put their money in stocks where the margin of safety is high.'
Beat gains made by mid-cap, broader indices.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Have a Plan B in place if the tide turns against you.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Sensex ended strong, Tata Steel, HUL climb higher.
The broader NSE Nifty reclaimed the key 10,000-mark and touched a high of 10,143.50 before finally settling at 10,130.65
Sensex climbs higher at close, bluechip stocks in focus.
Sensex shed 167 points to close at 28,633 and Nifty dropped 55 points to end at 8,695.
Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 per cent.
Market sentiment suffered a jolt after other Asian markets closed with widespread losses and European markets dropped in early trade
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
Sun Pharma stole the show in the Sensex pack, spurting 3.91 per cent, followed by M&M at 2.87 per cent.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
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