The dollar index, which tracks the world's reserve currency against a basket of its peers, is down 0.16 per cent at 97.58.
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
Experts say the BSE Sensex could rise to around 32,000 in a year.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
The 30-share Sensex provisionally ended up 112 points at 28,555 and the 50-share Nifty closed 24 points higher at 8,561 after hitting a record high of 8,626.95.
Sensex rises, snapping two-session losing streak; banks, auto gain.
The rupee largely shrugged off the high volatility in stocks and rebounded sharply towards the fag-end trade following bout of dollar selling by exporters
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
India annually spends Rs 4.5 lakh crore on importing petroleum products, and Transport Minister Nitin Gadkari feels methane is a cost-effective import substitution. But is it? Pallava Bagla examines the pros and cons.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
Nifty snaps 10-day winning streak
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Some of Modi's biggest reforms have met with fierce political opposition.
The total market capitalisation of BSE-listed companies fell by Rs 1.36 lakh crore to Rs 93.33 lakh crore.
Dollar weakness was a major contributor to the rupee recovery as the skittish investors continued to lighten their long positions.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
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.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
The Sensex has slid 18.5 per cent from its January 2015 peak.
Reliance Industries, Infosys and Tata Motors were the top contributors
Oil tanked to a 7-year low as OPEC decided to maintain production.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Economic growth depends a lot on what FM announces in the upcoming Union Budget.
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
In worldwide trade, the American dollar traded with solid strength against all major emerging currencies
.jpg)
ITC, TCS and HDFC Bank emerged as the biggest gainers during the period.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
Mid- and small-cap companies seem to have done better than top-tier companies
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 S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
