The companies having suffered large erosion in values included Tata Motors, TCS, Tata Steel, Tata Power and Titan Industries
ONGC was the top performer while private banking major ICICI Bank extended gains
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Sesnsex ended the day flat on heavy selling pressure.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Mid- and small-cap companies seem to have done better than top-tier companies
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
Lacklustre domestic equities alongside ongoing FCNR redemptions added pressure on the local currency
'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
Experts say investors should stay patient and stay invested in mutual funds.
Market breadth is positive with 942 advances and 196 declines.
Most of the index heavyweights are yet to declare their results.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
In a presentation prepared for the incoming Narendra Modi-government, the ministry listed national oil companies losing focus on domestic exploration as well as legal disputes around signed contracts with private explorers among the five things that went wrong during the United Progressive Alliance regime.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
Positive cues from Asian peers also uplifted the sentiment.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The breadth was neutral with 1,329 advances and 1,320 declines.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
Gather information from diverse sources to ensure that your investment decisions are rooted in sound knowledge, says Sandeep Das.
The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
Kapil Dev's running catch at the boundary, to dismiss Viv Richards, is widely remembered by fans and cricketers alike, but Martin Crowe's effort to pocket a lunging catch and dismiss Zimbawe's Dave Houghton in the 1987 Reliance World Cup will always be special, reckons Siva Sankar
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
Broader market outperformed the frontline indices and also hit their respective all-time highs
Markets climb higher tracking global cues.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
Reigning champion India will be bidding to gain further momentum and become only the third side in World Cup history to successfully defend its title after West Indies in 1975 and 1979 and Australia, who won the coveted prize three times in succession between 1999 and 2007.