Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
ICICI Bank and HDFC Bank help the upmove.
The broader NSE Nifty, on the other hand, ended 2.70 points, or 0.02 per cent, lower at 11,555.90 in its third straight day of losses.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
The NSE Nifty gained 50 points to close at 3553.
At first glance, the numbers show a mixed trend.
There is little sense in trying to find stocks that will not be vulnerable in a situation where 87% of the market is trending down and India is getting set for a crucial election, says Devangshu Datta.
The Sensex closed at 13,340, down 42 points. The Nifty lost 16 points to close at 3,816.
The market breadth, indicating the overall health of the market, turned negative from positive
Benchmark share indices ended lower on Friday dragged by rate-sensitive shares as hopes of a rate cut remained elusive after better-than-expected Apr-Jun GDP data. Selling pressure in index heavyweight Reliance Industries also dampened sentiment.
Investors must adhere to their risk appetite at all times and should do well for themselves over the long-term.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The market breadth in BSE remains healthy with 1,476 shares advancing and 828 shares declining.
Investor wealth zoomed over Rs 10.48 lakh crore in two days as the Budget-driven market euphoria continued to charge bulls on Tuesday.
Key benchmark indices closed for the day marginally higher amidst volatile trades with the Sensex closing up 37 points at 17,463 and the Nifty added 15 points to end the day at 5,302. The ones leading the gains were banks and metal scrips.
Benchmark shares indices end flat on Tuesday, amid a volatile trading session, as gains in financials and telecom shares were erased by losses in FMCG and IT stocks. The 30-share Sensex ended up 27 points at 17,426 and the Nifty added nine points at 5,288.
The markets opened in the positive terrain with strong global cues
On the Sensex chart, Sun Pharma was the top loser, followed by Maruti, L&T, Hero Motocorp, Infosys, ONGC and RIL.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
The Nifty gained 118 points to close at 3,199.
The bloodbath at the markets ended with the Sensex losing 457 points to close at 10,482.
Nifty ends above 8,600; Tata Motors, RIL top leaders
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.
Shares of small-cap companies have been on a roll with the S&P BSE Small-Cap index hitting a new high in intra-day deals on Thursday. The rally has been fueled by an up move in stocks of chemicals, cement, graphite electrode makers, pharmaceuticals and information technology (IT) shares. In the past two weeks, since March 25, the index has outperformed the market by gaining 7.3 per cent. In comparison, the S&P BSE Midcap index was up 6.1 per cent, while the S&P BSE Sensex gained 3.6 per cent during the same period.
Global investment firm Citigroup is bullish on Indian equity markets.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Top gainers in the Sensex pack included Bajaj Finance, ONGC, Yes Bank, HDFC, HCL Tech, Tech Mahindra, TCS, ICICI Bank and RIL, rising up to 3.57 per cent.
Reliance and bank shares lead the decline.
'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.
The markets opened smart but gave up some gains immediately witnessing volatility
The markets opened weak mirroring the global trend. At 9:57 am, the Sensex was trading at 11926 down 44 points and the Nifty was tarding at 3444 down 13 points.
The markets plunged on account of heavy selling in scrips across sectors.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Out of 2948 stocks traded on the BSE, there were 1008 advancing stocks as against 1836 declines.
The Sensex closed at 10,684.30 up 174.77 points and the Nifty closed at 3142 up 66 points.
The BSE Sensex opened down 20 points at 10,641.33
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