After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
The policy statement by the RBI governor is also expected to be upbeat.
A century-old European bicycle brand gets a makeover under its new Indian owner. But is there room for yet another premium commuter bike?
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Global investment is agnostic when it comes to nationalism, says Kanika Datta.
Sensex in green in afternoon trade.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The global economy may just be entering a new phase.
Only a handful of overseas acquisitions by Indian firms have survived the bloodbath, says Bhupesh Bhandari.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
As Venezuelans continue to flee the starvation, crime and the horrific inflation that continues to mark the worst crisis it has ever faced, Radha Biswas looks back at a devastated country she continues to love deeply.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
'If you allow Walmart to operate in India, our manufacturing will finish completely.' 'What will happen to Narendra D Modi's dream then? There will be no Make in India.'
To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 cr
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
The kings of the ruling family of India's heartland -- father Mulayam Singh Yadav, the Samajwadi party supremo, and son Akhilesh Yadav, the UP chief minister -- are at war. And as on any chessboard, the queens have emerged as the power centres. Meet Dimple Yadav and Aparna Yadav.
Shekhar Chakravarty has developed and patented Curvo -- world's first non-linear ropeway system.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.