Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
Investors were anxious concerned about the uncertainties over the timing of Us Federal Reserve rate hike, US policies under President Donald Trump, the upcoming French election and rising crude price that could impact inflation, going ahead. A weak closing in Asia tracking overnight losses in the US owing to all these unknowns triggered selling, brokers said.
NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Banks are not allowed to lend to developers for purchasing land parcels.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Markets ended weak tracking the expiry of April derivative contracts.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
BSE Sensex on Monday closed nearly 34 points higher at 26,350.17 with gains in realty, power, FMCG and oil & gas stocks amid sustained buying by domestic institutional investors.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
Rise in crude oil price and rally in global equities aided the sentiment
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Foreign portfolio investors were net buyers in equities to the tune of Rs 119 crore, as per provisional stock exchange data.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
It was an extremely volatile session, borne out by the Sensex swinging over 1,200 points through the day and the Nifty 369 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
Investor wealth slumped by Rs 1.55 lakh crore on Thursday today, dragged down by massive selling in the stock markets where nearly seven out of ten shares closed lower.
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This surpassed its previous record close of 29,974.24, reached on April 5.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
After a volatile session, Sensex closed the day 563 points lower
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
Banks, real estate and metal scrips among the top losers.
Nifty snaps 10-day winning streak
Investors booked profits in recent gainers
Most Asian markets ended with gains.