The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
Analysts expect Bajaj Auto to perform well in Q1.
Index heavyweights were the top losers along with bank shares.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Reliance Industries on Friday hit out at Oil and Natural Gas Corp (ONGC) for suing it over KG gas dispute, saying some elements in the state-owned firm may be "misleading" the chairman D K Sarraf to hide their failure in developing the discoveries made over 13 years.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
All are entry-level performance bikes that don't cost a bomb!
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Gains were led by index heavyweights with Reliance Industries contributing the most.
Weak monsoon forecast rekindled fears of higher inflation.
Markets end in green with auto, banks on a steady climb.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
India Inc is encouraged by a determined Budget.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
Here's your weekly digest of the most weird, true and funny news from the across the world.
The IAF has just 33 squadrons, 9 short of the 42 squadrons needed to tackle China and Pakistan together, says Ajai Shukla.
Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Delhi's inability to open up a new canvas with Pakistan and Sharif is symptomatic of its sluggish thinking. Jyoti Malhotra analyses
Quattrocchi lived in India for several years as the representative of an Italian firm, Snam Progetti, in the 1980s. He was close to the Gandhi family and in 1999 was named one of the accused in the case regarding the Rs 64-crore pay-off for the supply of 155 mm Howitzer guns made by Bofors, for which a controversial deal was signed in 1986 when Rajiv Gandhi was the prime minister.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.