Investors indulged in buying beaten down blue chips at lower and attractive levels.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
TCS is the country's most valued firm with a market capitalisation of Rs 687,123.96 crore
The Sensex gained 7,430.37 points, or 27.91 per cent, this year.
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.
Shares of RIL surged 4.42 per cent to its all-time closing high of Rs 1,082.20 on BSE.
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.
The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.
The 30-share BSE index reclaimed the 30,000-mark to trade at a new record high of 30,071.61 by surging 128.37 points, or 0.42 per cent. This surpassed the previous record high of 30,024.74 (intra-day) that the Sensex touched on March 4, 2015.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Of the 16 FMCG firms, 12 companies saw an increase in their respective foreign institutional investors holding in three months ended September 2013 over the year-ago period, while the remaining four witnessed a decline in FIIs stake, according to a report by A C Choksi Share Brokers.
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
In the Sensex pack, ICICI Bank emerged as the top gainer by rising 0.97 per cent, while Tata Steel advanced 0.92 per cent.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Investor wealth on Thursday soared by Rs 1 lakh crore, triggered by heavy buying in the stock market, with the BSE benchmark Sensex surging about 382 points to close at near six-week high levels.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
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.
To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales.
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
This is the index's biggest single-day fall in almost a month
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
Investors booked profits in recent gainers
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
On the telecom sector, he demanded auctioning of more spectrum.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
High retail inflation is exerting pressure on households to cut expenses wherever possible.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.