The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
The 50-stock NSE barometer Nifty finished 22.50 points, or 0.21 per cent, down at 10,526.20
The broader NSE Nifty gained 22 points to 10,480.60
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
Oil & gas, banking and pharma sector stocks stole the show
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Financial shares were among the top gainers with HDFC leading the gains.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
However, IT stocks fell on weak growth forecast by Gartner
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
Auto stocks are weighing on the indices.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
'Little did those in India's strategic community realise that any wise adversary in China's place and circumstances would only take the land route to disturb and trouble India.' 'It is along the land border that all of India's post-Cold War allies would be of little or no political and diplomatic, and least of all, military help,' says N Sathiya Moorthy.
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 broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
Sensex, Nifty end lower on global concerns.
The 50-share NSE Nifty slipped below the 8,200-mark to touch a low of 8,154.45, but settled at 8,170.80, down 90.95 points, or 1.10 per cent
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
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.