The 50-stock NSE barometer Nifty finished 22.50 points, or 0.21 per cent, down at 10,526.20
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Broader market outperformed the frontline indices and also hit their respective all-time highs
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
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.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
The market breadth, indicating the overall health of the market turned negative from positive
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Out of 30 Sensex shares, 19 ended lower while 11 gained
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
Investors indulged in profit booking at attractive and higher valuations
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Rise in crude oil price and rally in global equities aided the sentiment
Metals bucked the trend and shone across the board.
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
Gains were led by index heavyweights Reliance Industries and Infosys.