Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
Banking and real estate stocks rise up to 5% on further rate-cut hope.
Markets closed in the red on domestic worries.
The 30-share Sensex ended down 215 points at 27,011.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
Pharma stocks have performed well after Budget
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
Banks and realty among the most hit on account of high borrowing costs.
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
There has also been some easing of norms, allowing foreign direct investment to come into relatively small projects of 20,000 sq metres.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
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.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
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.
Pharma shares extended losses after the government's ban on combination drugs.
Markets closed the day in green on favourable domestic factors,
Markets ended in green on rate cut hope.
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Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
Stock market investors on Friday became richer by over Rs 1 lakh crore as the share market rose and the benchmark Sensex galloped to a new closing high enthused by the clear win of Narendra Modi-led BJP in Lok Sabha polls.
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 NSE Nifty also moved up by 12 points to 8,648.35.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
Metal shares were the top gainers with Hindalco up over 5%.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
Stocks of companies having operations and exports to Europe were the top losers.
Markets climb higher tracking global cues.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
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