The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
At 9.5% of sales, Zara offers the best revenue share to Mumbai's posh Oberoi mall. This is the highest revenue share offered by any fashion retailer for an anchor position in a mall.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
It is expected to bring transparency and reinstate consumer faith in the industry, says Brotin Banerjee.
Indian markets ended on a lower note after the stimulus announced by the European Central Bank (ECB) failed to meet expectation.
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.
Sensex closed the day 416 points higher.
The 50-share NSE Nifty shed some ground to settle at 8,699.40 points, up 40.30 points, or 0.47 per cent
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Banks and realty among the most hit on account of high borrowing costs.
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Bank of Baroda ended flat after sharp gains in the previous session.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
Broader market outperformed the frontline indices and also hit their respective all-time highs
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Markets closed the day in green on favourable domestic factors,
However, IT stocks fell on weak growth forecast by Gartner
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Benchmark indices finished higher on hopes of economic reforms
Metal shares were the top gainers with Hindalco up over 5%.
Custodian banks are selling dollars for their foreign fund clients.
The index had risen over 585 points in the previous three sessions.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
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