The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Most Asian markets ended with gains.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The BSE Midcap and Smallcap indices have performed better than the front-liners
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
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.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
It was an extremely volatile session, borne out by the Sensex swinging over 1,200 points through the day and the Nifty 369 points.
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
Sensex rises, Nifty ends at record high; RIL shares rally.
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
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Banks, real estate and metal scrips among the top losers.
Infosys, Wipro and HUL among the top losers for the day.
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