ONGC was the top loser in the Sensex pack, cracking over 16 per cent, followed by Reliance Industries, IndusInd Bank, Tata Steel, TCS, SBI, ICICI Bank and Bajaj Auto.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Top gainers in the Sensex pack included Bharti Airtel, Tata Motors, IndusInd Bank, Kotak Bank, Hero MotoCorp, Asian Paints and PowerGrid, which rose up to 2.53 per cent.
The markets had touched their highest levels in a month.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Sensex, Nifty end the day in red ahaead of F&O expiry.
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
Sesnsex ended the day flat on heavy selling pressure.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
The progress of the GST Bill in Parliament is also likely to remain in focus
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
Gains in auto shares helped offset losses in select index heavyweights led by Infosys.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
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.
Coal India was the biggest gainer on both Sensex and Nifty
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Sensex is trading firm; FMCG, real estate going strong.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
The broad market depicted strength. 1,525 shares rose and 1,131 shares fell. A total of 156 shares remained unchanged
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
Index heavyweights ITC was the top gainer along with RIL and HDFC
Financial shares were among the top gainers with HDFC leading the gains.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual funds-related queries.
I would advise at least a 7 year investment time frame for Equity Investing
You start hearing financial jargons and promises of the moon from him
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
L&T, ONGC and banking scrips power gains in today's trade
