Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
In 10 sessions Sensex rose over 8%
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
Investors booked profits in recent gainers
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
Infrastructure and real estate prominently feature as wealth destroyers.
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.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
Farmers too will get better deals
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
Yes Bank was the top gainer in the Sensex pack, surging 3.76 per cent, followed by SBI at 3.18 per cent.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Cricket still leads when it comes to sponsorship, but other sports are bridging the gap at a fast clip, says Urvi Malvania.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Banking and real estate stocks rise up to 5% on further rate-cut hope.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
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.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
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.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
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.