However, IT stocks fell on weak growth forecast by Gartner
Sensex surged 486 points or 1.9%.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Participants are keeping an eye on the Winter Session of Parliament, which started today, and US fiscal policies to be followed by President-elect Donald Trump
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
A historic bronze statue of Mahatma Gandhi was unveiled in London at the Parliament Square, standing adjacent to iconic leaders like Britain's war-time Prime Minister Winston Churchill and anti-apartheid icon Nelson Mandela.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Metals bucked the trend and shone across the board.
ICICI Bank has quashed rumours of favouritism, nepotism and quid pro quo. The bank clarified that while Chanda Kochhar was on the credit committee, she was not the chairperson. Videocon Chairman Venugopal Dhoot said there was no impropriety in the deal.
The Sensex ended below 28,000 for the second straight day at 27,869.
Union Minister for Water Resources Uma Bharati recently reiterated her commitment towards making the Yamuna Shuddikaran Abhiyan a success but said little else. It is obvious that in comparison to the Ganga about which she waxes eloquent at the drop of a hat, her treatment towards Yamuna can at best be described as step-motherly. Rashme Sehgal reports on efforts to save the river.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
Sensex climbs higher at close, bluechip stocks in focus.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
Infrastructure stocks are once again gaining traction.
If the sum assured is less than 10 times premium, the proceeds will be taxed.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Mid- and small-cap companies seem to have done better than top-tier companies
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
Sensex,Nifty to remain under pressure through the week.
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
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.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.