Banks stocks continued to trade weak along with FMCG major ITC.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
The Sensex had bounced back with gains of 94 points or 0.3%
Markets crashed due to domestic worries; bluechip stocks tanked too.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Investors should avoid jumping from their current funds into those that have outperformed lately, advises Arnav Pandya, a certified financial planner.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
Mahindra and Mahindra was the top gainer in the Sensex pack, surging over 16 per cent, followed by Maruti, Titan, Bajaj Finance, HDFC, Bajaj Auto and Hero MotoCorp. On the other hand, HUL, Tech Mahindra, IndusInd Bank and Nestle were the laggards.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
ICICI Bank topped the Sensex gainers' chart, spurting 5.09 per cent, followed by L&T, Bharti Airtel, Vedanta and Tata Motors, rising up to 4.60 per cent.
Sensex seems to be under pressure on weak cues.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Sensex climbs higher at close, bluechip stocks in focus.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
The Sensex ended up 244 points at 28,504 on strong global cues.
Sectorally, bankex suffered the most by dropping 2.62 per cent, followed by finance 2.44 per cent and realty 1.63 per cent. On the other hand, telecom was among the top sectoral gainers, rising 4.60 per cent. IT index rose 2.62 per cent.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
'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.'
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Market participants are now awaiting Thursday's meeting of the European Central Bank
Sensex falls at close; metals, banks perform well.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
Sensex ended strong, Tata Steel, HUL climb higher.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.