Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
Positive cues from the global market front aided the rally.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
From the 30-Sensex pack, 26 stocks ended with gains led by Tata Steel and ICICI Bank
The NSE Nifty ended flat at 2,734. The market breadth was negative - out of 2,501 stocks traded, 1,613 declined, 790 advanced and the rest were unchanged.
The NSE Nifty after shuttling between 10,408.65 and 10,224 points, ended 58.30 points, or 0.57 per cent, lower at 10,245.25.
The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
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.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
Sensex closed the day 416 points higher.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It was the second straight week of gains for the benchmarks.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Asian shares ended higher after a string of positive US economic data.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
The Sensex finally finished with a gain of 58 points at 3,726. The Nifty advanced 24 points to 1,163.\n\n\n\n
ONGC was the top performer while private banking major ICICI Bank extended gains
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Sun Pharma stole the show in the Sensex pack, spurting 3.91 per cent, followed by M&M at 2.87 per cent.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
Power, oil and gas, PSU, metal, banking, auto, capital goods, infrastructure and healthcare sector stocks witnessed heavy buying through the session.
Yes Bank was the top gainer in the Sensex pack, surging 3.76 per cent, followed by SBI at 3.18 per cent.
The broader NSE Nifty too reclaimed the key 11,500-mark. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 per cent.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Oil tanked to a 7-year low as OPEC decided to maintain production.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
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.
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Nifty snaps 10-day winning streak