Yes Bank was the biggest gainer in the Sensex pack, rallying 11.48 per cent amid reports that private equity firms have showed interest in buying a major stake in the private sector lender.
The BSE Sensex jumped 70.42 points to end at 34,503.49, while the broader NSE Nifty finished at 10,651.20, up 19 points.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex slipped to an intra-day low of 5,428, but has now recovered from the lower levels and is down 18 points at 5,445. The NSE is up a point at 1,701.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The BSE Sensex opened with a positive gap of 10 points at 5,179. Fresh buying in the markets led the index spurt to a high of 5,204. The index is now at 5,195, up 26 points. The Nifty is up 7 points at 1,634.
The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
The Sensex after moving in a range of 10,556 to 10,690, finally ended with a loss of 31 points at 10,595.
The Sensex opened a point higher at 5,104. The index slipped into negative zone and is now at 5,077 - down 26 points. The Nifty is at 1,597 - down seven points.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Sun Pharma stole the show in the Sensex pack, spurting 3.91 per cent, followed by M&M at 2.87 per cent.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
Kotak Mahindra Bank was the biggest gainer on both the indices, ending nearly 9 per cent higher following reports that Warren Buffett's Berkshire Hathaway Inc was planning to pick up stake in the private sector lender.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
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.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.