Markets extended losses after the first hour of trade with HDFC Group shares leading the decline.
The S&P BSE Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Infosys, Wipro and HUL among the top losers for the day.
Stocks reeled under huge losses on Thursday as the benchmark Sensex plunged sharply by over 465 points, the biggest single-day fall in three months, after India carried out "surgical strikes" on Wednesday night on terror launch pads across the Line of Control.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
Reliance Industries, Infosys and Tata Motors were the top contributors
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
The 50-share NSE Nifty ended at 9,143.80, up 43 points, or 0.47 per cent, after moving between 9,153.15 and 9,109.10.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Sensex closed the day 416 points higher.
FMCG stocks have underperformed the market, falling 2.2 per cent so far in 2014.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Nifty snaps 10-day winning streak
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
IIP for November 2015 and CPI for December 2015 will be announced today.
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
The fall came on the back of a massive selloff in NBFCs, led by DHFL which skidded over 50 per cent on fears of a liquidity crisis.
Investors booked profits in recent gainers
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
Oil and gas sectot may not put up good numbers in Q4.
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
HDFC Bank was the top loser in the Sensex pack, falling 2.99 per cent, followed by Adani Ports at 2.87 per cent.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
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.
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.