All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Asian shares ended higher after a string of positive US economic data.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
The Survey shows fiscal consolidation despite slowdown in growth.
Banks stocks continued to trade weak along with FMCG major ITC.
Looking back, the Indians had rubbed their hands in delight at the variety of marquee events at home the sporting calendar of 2017 offered, and they now look forward, with optimism and anticipation, to a challenging 2018.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
Bank of Baroda ended flat after sharp gains in the previous session.
The local markets are expected to react to global triggers until the government announces the Union Budget.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Stocks of companies having operations and exports to Europe were the top losers.
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Banks, real estate and metal scrips among the top losers.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
Positive cues from the global market front aided the rally.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
Metal shares were the top gainers with Hindalco up over 5%.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Markets shrugged off RBI's neutral stance on key policy rates.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Markets crashed due to domestic worries; bluechip stocks tanked too.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
Sensex, Nifty put up a good show in closing trade.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Being employee light is the latest fad.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
