The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Markets ended in green on rate cut hope.
Bank shares were the top gainers led by ICICI Bank.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The S&P BSE Sensex ended 190 points up at 23,382.
PowerGrid was the top loser in the Sensex pack, shedding over 1 per cent, followed by Bajaj Finserv, ICICI Bank, HDFC, NTPC, HUL and L&T. On the other hand, Infosys, Reliance Industries, Nestle India and Martui were among the gainers.
IndusInd Bank was the top gainer in the Sensex pack, rallying over 7 per cent, followed by SBI, ICICI Bank, HDFC twins, Axis Bank, Bajaj Finserv and UltraTech Cement. NSE Nifty soared 245.35 points to 14,923.15.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
Markets ended weak tracking the expiry of April derivative contracts.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
Broader markers outperformed their larger peers.
Bharti Airtel was the top gainer in the Sensex pack, rallying nearly 7 per cent, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, Titan, TCS and Tech Mahindra. NSE Nifty soared 201.15 points to an all-time closing peak of 17,132.20.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Metals bucked the trend and shone across the board.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
Equity indices gave up early gains to close in the red for the third session on the trot on Wednesday, weighed by selling in banking and finance counters amid inflationary pressures and persistent foreign fund outflows. A weak rupee and lacklustre global cues also kept buying sentiment in check, traders said. The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93. On similar lines, the broader NSE Nifty dipped 54.65 points or 0.31 per cent to close at 17,475.65.
Reliance Industries was the top gainer in the Sensex pack, surging over 3 per cent, followed by Bajaj Finserv, IndusInd Bank, HDFC twins and Kotak Bank. NSE Nifty surged 143.25 points or 1.18 per cent to 12,263.55.
The positive bias was aided by metal, realty and auto indices
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Bajaj Auto was the top loser in the Sensex pack, shedding around 2 per cent, followed by TCS, HDFC Bank, Axis Bank, Reliance Industries and Tech Mahindra. On the other hand, Tata Steel, Bajaj Finserv, Bharti Airtel and NTPC were among the gainers. NSE Nifty dropped 38.10 points to close at 15,689.80.
Tata Steel was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by Bajaj Finance, M&M, Bajaj Finserv and Reliance Industries. NSE Nifty advanced 33.95 points to a fresh high of 16,563.05.
The Sensex has slid 18.5 per cent from its January 2015 peak.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Pharma shares extended losses after the government's ban on combination drugs.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Bank shares were the top losers after sharp gains last week.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints. NSE Nifty rallied 293.05 points to 17,469.75.
Kotak Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by HDFC twins, ICICI Bank, Tech Mahindra, Bajaj Finance, Asian Paints and TCS. NSE Nifty surged 142.20 points to 15,098.40.
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