Gains were led by Tata Motors amid robust sales in June along with select financials.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
HDFC and Infosys contribute the most to today's rally.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
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Markets ended lower on profit taking ahead of June F&O expiry.
China will increase its defence spending by "around seven per cent" this year, as it vowed to guard against "outside meddling" in its territorial disputes.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
The offer of $196 per share represents a premium of 49.5 per cent to LinkedIn's Friday closing price
Defence Minister Manohar Parrikar and outgoing United States Defence Secretary Ashton Carter on Thursday finalised the "major defence partner" status to India which will fast-track cooperation and sharing of high-end American defence technology.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
IndusInd Bank was down nearly 1% even after it reported a 21% rise in its fourth-quarter profit
Index heavyweights were the top losers along with bank shares.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Over the previous eight sessions, Brent had lost about $7 a barrel, almost 20 per cent
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
IOC, the key importer of petrol, has sought almost 700,000 tonnes for March-September delivery.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
Global cues lift Sensex 364 points; Nifty ends above 8,650.
This is yet another large energy deal for Warren Buffett in the western United States.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
Pharma shares extended losses after the government's ban on combination drugs.
Apple Inc said it received a record four million first-day pre-orders of its new iPhone 6 and iPhone 6 Plus, meaning many customers will have to wait until October for their new phones.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The Survey shows fiscal consolidation despite slowdown in growth.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
"Every action we take will be designed to ensure our military is ready to fight today and in the future," Mattis said on Friday in a message to department of defense soon after he was being sworn in as head of the Pentagon by Vice President Mike Pence at the White House.
Modi has made nuclear power a key element of his clean energy strategy
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
