Sesnsex ended the day flat on heavy selling pressure.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Markets closed in the red on domestic worries.
Oil & gas, banking and pharma sector stocks stole the show
Custodian banks are selling dollars for their foreign fund clients.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
With a rise of around 30 per cent in the benchmark index S&P BSE Sensex, 2014 has been the best year for Indian equity markets since 2009, when the benchmark index surged 81 per cent.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
IIP for November 2015 and CPI for December 2015 will be announced today.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
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.
China now world's second largest share market, India is 7th
The S&P BSE Sensex surged 160 points to close at 25,262.
Markets shrugged off RBI's neutral stance on key policy rates.
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
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.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
This surpassed its previous record close of 29,974.24, reached on April 5.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Bank shares were the top gainers led by ICICI Bank.
The India growth story is still intact, and fall in the Indian stock markets is an imported one and if the government succeeds in legislating the GST and Land Bill, India could yet emerge as a winner believe stock market experts
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
The rupee closed at Rs 66.21 in its last trading session.
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