RIL, ICICI Bank, Tata Motors and ONGC alone contributed to a 100 point cut seen on Sensex.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
ONGC was the top performer while private banking major ICICI Bank extended gains
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
The S&P BSE Sensex surged 160 points to close at 25,262.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
After a volatile session, Sensex closed the day 563 points lower
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
The rupee fell to a two-year low of 64.84 against the US dollar.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
The dollar is king in an intermediate correction, says Sonali Ranade
Bank shares were the top gainers led by ICICI Bank.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Most Asian markets ended with gains.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Markets closed in the red on domestic worries.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
Indian equity markets registered their highest single-day percentage gains since early October.
Gains were led by Tata Motors on robust Q1 earnings and HDFC Group shares.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
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Markets ended lower on profit taking ahead of June F&O expiry.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Bank shares were the top losers after sharp gains last week.
Market breadth is positive with 942 advances and 196 declines.
Asian shares ended higher after a string of positive US economic data.
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 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.
The local markets are expected to react to global triggers until the government announces the Union Budget.
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