Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
Markets surged in late trades to snap five-day losing streak led by bank shares.
BSE Bankex and Telecom indices led the fall.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
The broader markets also ended lower in line with the benchmark indices
Investors booked profits at higher levels with oil shares leading the decline
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The Sensex ended lower on unfavourable cues.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
This weakness is likely to continue in the near-term.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
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.
Auto stocks are weighing on the indices.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Sensex falls at close; metals, banks perform well.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
The rally in index heavyweight ITC has boosted the sentiment across the board.
The Sensex ended below 28,000 for the second straight day at 27,869.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Auto and realty shares were among the top Sensex gainers.
