Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
The Sensex ended lower on unfavourable cues.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
Analysts say no pressure on new CEO for immediate results.
BSE Bankex and Telecom indices led the fall.
Sensex climbs higher at close, bluechip stocks in focus.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
These sectors have underperformed the wider market over the past year and are seen having far more upside potential if the economy picks up thanks to Modi's reformist agenda.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
The company has a valuation of Rs 2.22 trillion, up from Rs 1.33 trillion a year ago.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
The broader 50-issue NSE Nifty dropped 38.35 points, or 0.38 per cent, to close at 10,186.60
Oil, banks eneded the day in green while few in auto sector lost heavily.
Monsoon is expected to be normal in June.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Trading sentiment remained distinctly weak due to the cash crunch arising out of the government's move to demonetise Rs 500 and Rs 1,000 notes to flush out black money amid concerns about its impact on small and medium-sized businesses which largely run on cash.
The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Investors will remain cautious ahead of F&O expiry.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
This is the highest closing for both the indices since May 15.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
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BSE auto index surged 2%, capital goods, healthcare and oil & gas indices also up.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.
Sensex lacklustre, bluechips in focus.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
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