The NSE Nifty closed 78 points higher at 5,368.
The Nifty ended comfortably above the crucial 5500 mark at 5546, up 64 points.
The Nifty shed 88 points to end the day at 5,417.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The Nifty shed 11 points at 6,146. In the broader markets, the midcaps shed 0.2% and the smallcaps ended flat at 9,841.
In the broader markets, the smallcap index gained 1% and the midcap index added 0.9% to outperform the BSE benchmark index. The Sensex closed gaining 0.2%
The Nifty is at 5942, up 59 points. The market breadth is positive. Out of 2989 stocks traded on the BSE, there are 1782 advancing stocks as against 1125 declines.
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Nifty is up 7 points at 5,415. The market breadth is positive. 1817 stocks have advnaced whike 973 have declined.
Other gainers include ONGC, Bajaj Auto, Kotak Bank, TCS, Tata Steel, Axis Bank, Maruti, HDFC and HUL, surging up to 3.03 per cent.
The Nifty shut shop just shy of the elusive 5500 mark at 5486, up 46 points.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Indian equity, forex, money and commodity markets will remain closed today on account of Mahashivratri.
Top losers in the Sensex pack included ICICI Bank, Tata Steel, Vedanta, HDFC IndusInd Bank, Tata Motors, RIL and ONGC -- falling up to 4.45 per cent.
Yes Bank was the top gainer in the Sensex pack, rallying 6.74 per cent, followed by TCS, Tata Motors, Bharti Airtel, M&M and RIL.
The Nifty PSU Bank pared losses to end flat after falling as much as 1.05%
Sectorally, BSE metal, basic materials, energy, realty, power, oil and gas, finance, FMCG, bankex and telecom indices fell up to 1.71 per cent.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
In the Sensex pack, Hero MotoCorp, IndusInd Bank, Bajaj Auto, Maruti and M&M were the top gainers, spurting up to 2.66 per cent.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Tech Mahindra was the top loser in the Sensex pack, crashing over 9 per cent, followed by Kotak Bank, Axis Bank, TCS, Infosys and HUL. On the other hand, Hero MotoCorp, Bajaj Auto, Bajaj Finance and Titan were the gainers.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
The markets opened in red in line with weak Asian peers.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The markets opened pretty strong in line with global cues.
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Sustained selling in technology and select stocks saw the index slip to a low of 20,662 -- down 324 points from the day's high. The Smallcap Index advanced 1.4% to 12,869, and the Midcap Index added 1% to 9537.
Satyam, Reliance Communications and Bharti Airtel declined 1.7% each to Rs 451, Rs 731 and Rs 966, respectively.
The BSE Smallcap and Midcap indices, however, finished with gains of over 1% each at 9472 and 12,195, respectively.
The NSE Nifty ended at 5,961, down 13 points. The BSE Midcap and Smallcap indices gained over 1% each at 9117 and 11,531, respectively. The market breadth was extremely bullish - out of 2,903 scrips traded, 2,060 logged gains.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
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 too closed up 20 points at 3523.