The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, observes T N Ninan.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Sentiment continued to be weighed down by the government's move last week to withdraw high-value currency notes and disappointing quarterly earnings by some more blue-chip companies, brokers said.
Broader market outperformed the frontline indices and also hit their respective all-time highs
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Markets ended in red, index heavyweights drag.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
It is too early to say if we have seen the "final" bottom to these stocks in August 2013 or if another attempt to test them will be made before or just after elections, says Sonali Ranade.
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.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
This surpassed its previous record close of 29,974.24, reached on April 5.
Investors booked profits in recent gainers
Oil & gas, banking and pharma sector stocks stole the show
Sensex closed the day 416 points higher.
There were more than three losers against every gainer on BSE
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
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.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
BSE Bankex and Telecom indices led the fall.
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.
Auto stocks are weighing on the indices.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
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
This weakness is likely to continue in the near-term.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
The breadth, indicating the overall health of the market, turned negative from positive
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
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
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
A rapid fall in crude oil prices has meant the RBI is a year ahead of its inflation-targeting schedule