Sharp swings likely in equity, forex and bond markets.
The B-school also witnessed new roles in the domain.
Focus on large-caps and ensure that the portfolio is balanced.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
The IOC share sale is the fourth disinvestment this fiscal but the biggest in 2015-16 so far.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
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.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
This is the highest closing for both the indices since May 15.
Investors continue to make losses on investments.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Both the indices ended at their highest levels since February 1.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
Also keenly watching inflation numbers, with wholesale inflation data expected today
The Fed's decision on tapering its monthly $85 billion bond-buying programme is expected later on Wednesday.
The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
A rising rupee is a tailwind for dollar investors.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
India is Asia's other bad debt headache.
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.
PFRDA will invite bids to appoint pension fund managers.
It was an extremely volatile session, borne out by the Sensex swinging over 1,200 points through the day and the Nifty 369 points.
The 50-issue NSE Nifty in range-bound movements settled higher by 59.15 points, or 0.58 per cent, at 10,252.10.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.