The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
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 brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
The recovery was led by information technology exporters.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
The ISL 2017 witnessed a spike of over 103 per cent in domestic players' salary as compared to the inaugural year, as the 10 clubs together spent Rs 48.85 crore on Sunday to secure signatures of 156 players in the player draft in Mumbai.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
The NINL management can see this as their moment of giving back to the nation and humanity. Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day. 418 tonnes is about 58% of Delhi's daily demand for oxygen, notes Sudhir Bisht.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Oil tanked to a 7-year low as OPEC decided to maintain production.
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.
Bank shares were the top losers after sharp gains last week.
Banks stocks continued to trade weak along with FMCG major ITC.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
The broader NSE Nifty, after cracking below the key 10,300-mark, touched a low of 10,211.25, before finally ending 134.75 points, or 1.30 per cent, down at 10,226.55.
The Union government has threatened to cancel coal block allocations of as many as 17 companies for failure to develop those allotted to them years before. These include big companies such as Tata Iron and Steel, Sterlite Energy, GMR Energy, ArcelorMittal India, Reliance Energy, GVK Power, Lanco Group and Rungta Mines.
Sesnsex ended the day flat on heavy selling pressure.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
Investors will remain cautious ahead of F&O expiry.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
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.
Submits revised proposal to CCI as Birla Corp deal fails
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
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.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
However, IT stocks fell on weak growth forecast by Gartner
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
