The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
"The shift is gradually happening more on account of favourable risk-reward for stocks in these sectors and the shift would be more pronounced as investors roll over their targets to 2017," the head of research at a foreign brokerage said.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
The broader NSE Nifty gained 22 points to 10,480.60
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
Companies write off investments, shed assets as initial projections go haywire
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
The fall came on the back of a massive selloff in NBFCs, led by DHFL which skidded over 50 per cent on fears of a liquidity crisis.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
When it comes to key hands-on management positions, India Inc is still largely run by men.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
If you simply understand that you do not understand the sock market, that will be a favour. A big favour...
Covering-up of short positions ahead of Thursday's expiry of August series in the derivatives segment gave equities a slight push
Most of the index heavyweights are yet to declare their results.
Market participants are now awaiting Thursday's meeting of the European Central Bank
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Currently, only Coal India, the world's largest coal miner, and its smaller sister PSU Singareni Collieries besides mining agencies of state government are allowed commercial coal mining.
Area residents and environmental groups have resisted the coal power plant ever since it was originally proposed in 2006 due to worries about land clearance and pollution
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
The CISF headquarters in Delhi said any issue related to service leave had nothing to do with the jawan taking the extreme step.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Geo-political concerns over death of a Saudi journalist, Brexit and likely breach in Italy's budget also kept investors cautious.
For debt-laden companies, asset sales is an obvious solution.
Investors booked profits in recent gainers
IT companies account for a third of the entire dividend pot this year
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
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