Metal stocks lose ground with Hindalco, Tata Steel, Sesa Sterlite down 4-10%.
Indices reversed all its losses during late trades.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
Broader markers outperformed their larger peers.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
Markets end in green with auto, banks on a steady climb.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Financials were the top losers after sharp gains in the previous session along with ITC
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Movement of rupee and crude oil prices will also dictate the trend
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Financials emerged as the top gainers while auto shares rallied on robust September sales
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The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
Tata Motors was the top gainer on better-than-expected June quarter revenues
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors will maintain a cautious stance.
The breadth, indicating strength of the market was strong
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
Sensex dull at close, Infosys rules, ITC drags.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
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