Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
The Uttar Pradesh Defence corridor is estimated to attract Rs 20,000 crore investment and create 250,000 jobs.
Gold has pushed lower as a result of Chinese selling.
RBI Governor Raghuram Rajan stressed that trade, immigration and capital flows must not be hindered.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
The Nifty had hit its third successive record high of 7,922.70 today.
The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Russia continues to 'support and assist' the Ukrainian separatists, State Department Spokesperson, Jen Psaki alleged.
The sources said questioning revolved around accounts of IDS Tunisia and remittances received by it.
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.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Uddhav said there was no point in Modi becoming emotional at a time when people have tears in their eyes.
Gold is currently trading at Rs 25,200 for 10 grams.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
India may be at the fag end of a downcycle that has lasted over 7 years
India Inc is ready to diversify into unchartered areas.
A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.
Retired banker P Balagopala Kurup says one of the reasons he favours inflation targeting is that its first priority is to insulate the lesser fortunate citizens from adversity and in the process to ensure that the economy retains its inherent vibrancy and strength.
'The market position from here on is expected to go up'.
'Afghanistan is a beautiful country but has no luck as far as lasting peace is concerned'
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
The US launched an investigation, focusing on whether the tax in India and other countries discriminated against American companies, were retroactive, and reflected unreasonable tax policy.
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
Markets surged in late trades to snap five-day losing streak led by bank shares.
Syriza lawmakers walked the corridors telling reporters the government might not survive the night.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
Modi is subject to two sets of criminal proceedings, the first brought by the CBI relating to a large-scale fraud said to have been committed upon PNB and the ED case, relating to the laundering of the proceeds of that fraud.