The panel was set up to suggest ways to reform India's monetary policy.
The BSE Midcap and Smallcap indices have performed better than the front-liners
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Positive cues from the global market front aided the rally.
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
Caution prevailed across the bourses ahead of the Union Budget.
'The IPO window has been more or less open since the new government in 2014.'
Sensex, Nifty end lower on global concerns.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
The dust over the controversy around foreign direct investment (FDI) in the defence sector appears to have settled.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
His father is a former finance minister. His brother is a minister in the Modi government. But Sumant Sinha wants nothing to do with politics and tells Shreya Jai why he is bullish on the renewable energy sector.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
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 Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
The rally in index heavyweight ITC has boosted the sentiment across the board.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
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