From the 30-share basket, 28 scrips suffered losses. Over 200 stocks were at their 52-week low in Tuesday's trade.
The stock markets, which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.
Sectorally, bankex suffered the most by dropping 2.62 per cent, followed by finance 2.44 per cent and realty 1.63 per cent. On the other hand, telecom was among the top sectoral gainers, rising 4.60 per cent. IT index rose 2.62 per cent.
Axis Bank was the top laggard in the Sensex pack, plunging more than 5 per cent, followed by HDFC, Bajaj Finance, ICICI Bank, Tata Steel, Bajaj Auto, HDFC Bank and IndusInd Bank. On the other hand, M&M, Infosys, Asian Paints, UltraTech Cement and Tech Mahindra were among the gainers.
Infosys, TCS and Wipro gained 1-3% contributing the most to the Sensex gains.
In the Sensex pack, Hero MotoCorp, IndusInd Bank, Bajaj Auto, Maruti and M&M were the top gainers, spurting up to 2.66 per cent.
Top losers in the Sensex pack on Friday included Bajaj Finance, ONGC, IndusInd Bank, PowerGrid, L&T, Axis Bank, NTPC, Bharti Airtel, HDFC, HDFC Bank and Kotak Mahindra Bank, falling up to 2.08 per cent.
The S&P BSE Midcap and the S&P Smallcap indices rallied over 1% each
In the broader market, the S&P BSE Midcap ended 0.1% down, while the S&P BSE Smallcap index gained 0.3%.
PSU banks and OMCs among the top gainers.
The main losers on the Sensex were GAIL, BHEL, M&M, Tata Power, SBI, Coal India, ONGC and HDFC.
After a positive opening, the 30-share BSE Sensex suddenly faced selling pressure in late-afternoon trade. It finally settled just 5.67 points, or 0.01 per cent, lower at 39,586.41.
SBI reached its highest level since May 2011; ONGC and RIL also had a good day.
HDFC Bank, Tata Steel and Tata Motors among top losers for the day.
Capital goods and banking stocks catapulted the indices.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
The markets snapped their three-day losing streak due to buying in index heavyweights and a rebound in IT stocks.
Market cap of government companies has remained unchanged in the past 8 years.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
The 30-share Sensex ended flat at 21,833 and 50-share Nifty gained 7 points at 6,524.
Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
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Top gainers in the Sensex pack include SBI, Yes Bank, Tata Motors, L&T, ICICI Bank, IndusInd Bank, ONGC, Maruti, M&M, Axis Bank, RIL, Hero MotoCorp, HDFC, Vedanta, Asian Paints, Tata Steel and Bajaj Finance, rising up to 7 per cent.
The 30-share Sensex ended up 40 points at 20,891 mark and the 50-share Nifty ended up 14 points at 6,203 levels.
The 30-share Sensex of the Bombay Stock Exchange closed 86.55 points higher at 21,337.67 and the National Stock Exchange Nifty index closed at its highest closing levels in 2014, up 25.15 points at 6,338.95.
Reliance up 0.94%, Sun Pharma up 2.85, ICICI Bank up 0.76%, Bharti Airtel up 1.56% and Tata Steel up 2.2% were the top Sensex gainers today.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
The Sensex is quoting at 24,445, higher by 85 points and the Nifty is at 7,282, up 19 points.
TCS, ICICI Bank, Tata Motors and Tata Steel among the top losers for the day.
The broader NSE Nifty, on the other hand, ended 2.70 points, or 0.02 per cent, lower at 11,555.90 in its third straight day of losses.
Banks and Capital Goods scrips among the top losers in noon deals.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
The main gainers on the Sensex were Hindalco, JSPL, SBI, Maruti Suzuki, GAIL, L&T.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Coal India and Tata Motors up 1.5% buck the larger market trend.
The gains in IT majors were negated by losses in heavyweights like L&T, ITC, HUL and M&M.
Coal India moved higher by over 3% to Rs 263, despite of weak April-June (Q1FY14) results, on expectation of earnings improvement by going forward.
At close, the Sensex was up 407 points or 2.3% at 18,313 and the Nifty advanced 106 points or 2%, to close above the psychological levels of 5,400 at 5,408.
