Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
Oil & gas, banking and pharma sector stocks stole the show
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
'The market position from here on is expected to go up'.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Markets shrugged off RBI's neutral stance on key policy rates.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Sony eyes a 2 billion payoff from telecasting the Fifa World Cup.
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.
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 laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
However, IT stocks fell on weak growth forecast by Gartner
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
Additional levy to eat into Rs 6,000-crore income of top promoters
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.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
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.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Participants are eyeing the Bihar elections.
TVS should be prepared for a rough ride as Bajaj Dominar, Mahindra Mojo, Royal Enfield Classic 350 and many others are stepping on the gas for a slice of this category.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
The positive bias was aided by metal, realty and auto indices
Banking and real estate stocks rise up to 5% on further rate-cut hope.
The impressive riding dynamics of the Gixxer now get a sporty full fairing that makes this 155cc offering from Suzuki a lot more desirable, says Indian motoring website MotorBeam.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
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.
Caution prevailed across the bourses ahead of the Union Budget.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.