'The market position from here on is expected to go up'.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Oil & gas, banking and pharma sector stocks stole the show
The S&P BSE Sensex surged 160 points to close at 25,262.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
Bank shares were the top gainers led by ICICI Bank.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
This surpassed its previous record close of 29,974.24, reached on April 5.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Indian equity markets registered their highest single-day percentage gains since early October.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
Market breadth is positive with 942 advances and 196 declines.
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.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
Bank of Baroda ended flat after sharp gains in the previous session.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Most Asian markets were trading weak on Monday.
Experts believe that one should not allocate more than 5-10 per cent of one's equity portfolio to international funds.
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 regional fallout could continue.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.