Sensex ends in green, bluechips in spotlight.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
A strong dollar overseas and some hesitancy in local stocks, however, limited the rupee rise.
A weak dollar overseas also aided the rupee rise while fresh sell-off by foreign funds in domestic stocks capped the currency's gains, forex dealers said.
'The international community is moving away from harmful tax practices.'
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
Investors will maintain a cautious stance.
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.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
Investors remain cautious ahead of F&O expiry.
The official data on April-June GDP will be released on August 31.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
The BSE Midcap and Smallcap indices have performed better than the front-liners
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
The rupee rose by 4 paise at 66.88 against the US dollar in early trade on Wednesday.
Nifty snaps 10-day winning streak
Foreign fund flows into and out of the domestic sharemarket will continue to be key for the rupee's fortunes.
The rupee rallied for the second straight session by gaining 21 paise to end at 66.10 against US dollar.
Nifty PSU bank index dropped nearly 2%
Investors were anxious concerned about the uncertainties over the timing of Us Federal Reserve rate hike, US policies under President Donald Trump, the upcoming French election and rising crude price that could impact inflation, going ahead. A weak closing in Asia tracking overnight losses in the US owing to all these unknowns triggered selling, brokers said.
Sensex climbs higher at close, bluechip stocks in focus.
A weak dollar overseas failed to restrict the rupee's decline, a forex dealer said.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
The rupee recovered from more-than three months low of 63.15 in early trade on dollar selling by banks.
The rupee continued its downslide for the second session in a row, depreciating by 20 paise to close at more than one-week low of 62.51 against the greenback.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Rupee rises by 16 paise against dollar on fresh selling.
The rupee fell to a two-year low of 64.84 against the US dollar.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
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.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
Sensex falls at close; metals, banks perform well.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.