After a volatile session, Sensex closed the day 563 points lower
Sensex remained volatile through the day.
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%.
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.
There are few strategies to invest safely in a volatile market.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
Markets closed in the red on domestic worries.
Indian equity markets registered their highest single-day percentage gains since early October.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Gains were led by Tata Motors on robust Q1 earnings and HDFC Group shares.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
Though India has been one of the best-performing markets in the last two months, it has lagged some of its emerging market peers such as the Philippines, Thailand and South Africa.
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Markets ended lower on profit taking ahead of June F&O expiry.
Bank shares were the top losers after sharp gains last week.
Asian shares ended higher after a string of positive US economic data.
Market breadth is positive with 942 advances and 196 declines.
The Survey shows fiscal consolidation despite slowdown in growth.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Banks stocks continued to trade weak along with FMCG major ITC.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
The local markets are expected to react to global triggers until the government announces the Union Budget.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
Stocks of companies having operations and exports to Europe were the top losers.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
Bank of Baroda ended flat after sharp gains in the previous session.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
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