The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
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.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
The broader Nifty also succumbed to the pressure before recovering to close lower by 6.35 points, or 0.07 per cent at 8,693.05
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
The rupee had gained by 50 paise or 0.75 per cent in two weeks.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
Markets will remain closed today on account of voting for the general elections in Mumbai constituencies.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Mixed global cues and decline in crude oil prices further dent the sentiments.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Global cues lift Sensex 364 points; Nifty ends above 8,650.
The rupee depreciated further by 7 paise to 65.12.
This surpassed its previous record close of 29,974.24, reached on April 5.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
Markets ended in red; index heavyweight under pressure.
Key macroeconomic indicators suggest softening industrial growth.
The broader markets are, however, outperforming the larger peer.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
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