The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
The S&P BSE Sensex surged 160 points to close at 25,262.
Infosys, Wipro and HUL among the top losers for the day.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
The NSE Nifty, comprising 50 shares, breached the 8,300-mark for the first time to hit a new lifetime high of 8,330.75.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
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BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
Sensex seems to be under pressure on weak cues.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Sensex closed the day 416 points higher.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Wealth of the richest 62 people has risen 44% in the five years since 2010, while that of the bottom half fell by 41%
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
Markets closed the day in green on favourable domestic factors,
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.
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
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
The 30-share Sensex ended higher by 30 points.
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
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Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
Earning woes drag markets lower; TCS, HUL lead fall.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
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