The Midcap and the small cap indices also fared well, up above 2.5% each.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The NSE Nifty ended at 2,995, down 147 points. The market breadth was negative - out of 2,638 stocks traded, 1,566 declined, 998 advanced and the rest were unchanged on Wednesday.
The main factors contributing to the above-50.0 PMI reading were growth of both new orders and output as market conditions returned to normal and led to subsequent improvement in demand.
'We expect the Reserve Bank of India to deliver a 25 bps rate cut in April to support growth.'
The NSE Nifty ended at 3,513, down 93 points. The market breadth was extremely negative - out of 2,652 stocks traded, 2,164 declined, 442 advanced and the rest were unchanged on Wednesday.
The NSE Nifty is down 216 points at 3,602. The market breadth was extremely negative - out of 2,677 stocks traded, 2,369 declined, 281 advanced and 27 were unchanged on Monday.
India's services industry expanded at its fastest pace in eight months in October as new business rose with discounting probably stoking demand, a survey showed on Wednesday.
Barring oil and gas, all BSE sectoral indices finished in the green.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
The upcoming corporate results season and the approaching Union Budget kept investors on their toes
The market breadth was fairly positive - out of 2,724 stocks traded, 1,782 advanced, 858 declined and the rest were unchanged today.
Prime Minister Manmohan Singh invited greater investment from Japan on Thursday as he wants to conclude a Comprehensive Economic Partnership Agreement between the two countries.
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
The 30-share BSE index reclaimed the 30,000-mark to trade at a new record high of 30,071.61 by surging 128.37 points, or 0.42 per cent. This surpassed the previous record high of 30,024.74 (intra-day) that the Sensex touched on March 4, 2015.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
Investors remained cautious in the face of the expiry of November series contracts in the derivatives segment, which also dampened sentiment.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
During March, the rate of inflation slowed to the weakest in four months and was below the long-run survey average
Services growth at 5-month low in Nov as confidence slumps.
Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 per cent.
According to dealers, the one-way appreciation was halted by huge purchase of dollars by the RBI which pushed down the spot rupee to 39.90 to a dollar .
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
Abe got a resounding victory in the snap polls held on Sunday.
Sun Pharma stole the show in the Sensex pack, spurting 3.91 per cent, followed by M&M at 2.87 per cent.
NSE Nifty, after shuttling between 10,809.60 and 10,725.90, finished 30.95 points, or 0.29 per cent lower at 10,741.10.
The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.
Growth in India's manufacturing sector cooled to its slowest in 22 months in October.
Market breadth depicted strength. There were almost 3 gainers against every loser on BSE
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
Shanghai is the worst performing stock market of the world in CY 2008. It has just replaced Vietnam at the top of the ladder among the worst performers with a 48.97 per cent fall.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
The finance minister appears to be harking back to the seventies and eighties by prevailing on cement and steel manufacturers to hold the price line despite the hit they'll take on margins.
Investors went looking for bargain in banking, oil and gas and auto stocks.
