BSE proposes two models for making gold trading and investment transparent
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Profit-booking by participants in view of the domestic markets' recent record-setting run fuelled the downtrend
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
India Inc will report good set of numbers in Q4.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Cautious optimism over US-China trade talks after US President Trump said his trade negotiators had received two "very good calls" from Beijing also influenced the local currency, dealers said.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
The 50-share NSE Nifty shed some ground to settle at 8,699.40 points, up 40.30 points, or 0.47 per cent
Oil & gas, banking and pharma sector stocks stole the show
While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
Broader markers outperformed their larger peers.
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
Participants are keenly waiting for the January IIP.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
Metals bucked the trend and shone across the board.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Metal stocks lose ground with Hindalco, Tata Steel, Sesa Sterlite down 4-10%.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
The 50-share NSE Nifty ended at 9,143.80, up 43 points, or 0.47 per cent, after moving between 9,153.15 and 9,109.10.
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.
In a bonanza to its shareholders, country's third largest IT firm Wipro on Thursday said it will buyback up to four crore shares worth around Rs 2,500 crore (Rs 25 billion).
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
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Market breadth is positive with 942 advances and 196 declines.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
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