The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
The Survey shows fiscal consolidation despite slowdown in growth.
Sensex sinks into red at close on growth concerns.
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
BSE Bankex and Telecom indices led the fall.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Summary of sports events and persons who made news on Saturday
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
'The market position from here on is expected to go up'.
'Comparing a men-only pilgrimage with past blots like sati or untouchability is propelled by politics, mischief and malevolence,' argues Sudhir Bisht.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Investors booked profits at higher levels with oil shares leading the decline
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
The Sensex had bounced back with gains of 94 points or 0.3%
Companies write off investments, shed assets as initial projections go haywire
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
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%.
Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
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.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The Turkmenistan event underscores the lengths to which China's oil-and-gas companies will go to curry favour in resource-rich locales.
As competition hots up, more and more scooter manufacturers are turning their attention to the female buyers. Here are five scooters that are getting the desired attention.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
'What should worry India and which needs to be expressed is Russia's simultaneous proximity to both China and Pakistan from a strategic angle. That hasn't happened ever before,' says Lieutenant General Syed Ata Hasnain (retd).
The broader markets are outperforming the benchmark indices.
'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.
A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.