Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Banks who had lend to Kingfisher Air are finding it difficult to recover dues.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
Investors remain cautious ahead of F&O expiry.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
Telecom, metal and healthcare came as dampeners.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
Sluggish economy, high bullion prices and consumer shift towards cheaper gifting options such as electronic goods and mobiles have taken the sheen off gold
In a filing to the Bombay Stock Exchange (BSE), USL said it had made a recommendation to the board of subsidiary United Spirits to consider the sale of the entire share capital of Whyte & Mackay.
Store will directly employ 500-700 people, half of them women, and create 1,500 jobs indirectly
Indian companies realise several business opportunities ahead of International Yoga Day on Sunday
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
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
'The virus of trust deficit seems to be taking a toll of the friendship built over the years by succeeding leaderships of the two countries,' notes Rup Narayan Das.
Rail ministry pinning hopes on foreign partner and private capital
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
The dollar index was up by a whopping 0.45 per cent against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since September 15.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
To attract people from tier-1 colleges IT services companies must increase payment to freshers: Mohandas Pai.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Coffee Day Enterprises Ltd is backed by KKR & Co.
US rate hike fear keeps Asian firms in check; India most upbeat.
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Analysts said the higher capex by PSUs, along with government spending, could trigger a capex revival for the corporate sector by the second half of FY17
In a statement, Fortis said under the accepted offer, IHH would infuse Rs 4,000 crore through subscription to the preferential allotment at a price of Rs 170 per share. The Malaysian firm will then make a mandatory open offer to public shareholders for 26 per cent of the outstanding shares post issuance.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Investors booked profits in recent gainers
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
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