Asian shares ended higher after a string of positive US economic data.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
Positive cues from Asian peers also uplifted the sentiment.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
However, IT stocks fell on weak growth forecast by Gartner
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
Metal shares were the top gainers with Hindalco up over 5%.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
Large and small businesses alike have delivered low-key performances.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Markets climb higher tracking global cues.
The Confederation of Indian Industry will organise a round table on investment.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
A rebounding and steady market is a good time to weed sectors and funds that tend to drag the portfolio.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
Technical rallies and short covering may arise only if the markets break this 500 point band
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
This weakness is likely to continue in the near-term.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
The broader markets also ended lower in line with the benchmark indices
Investors booked profits at higher levels with oil shares leading the decline
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
.jpg)
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
Indian CEOs might like to make some serious course correction.
