BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
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.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
The company will wait for sizeable user base for better valuation.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
This surpassed its previous record close of 29,974.24, reached on April 5.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
When on October 24, the Supreme Court, on a petition moved by the government, ordered payment of past dues according to its new definition of AGR, the country's second-biggest carrier Vodafone-Idea Ltd warned of shut down if no relief is given. The total dues for the industry ran into a whopping Rs 1.47 lakh crore. For an industry that has come from 7-8 operators to just three private players and state-owned fourth operator, the warning by Vodafone-Idea sounded like a death knell.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Investors booked profits at higher levels with oil shares leading the decline
Markets ended in green on rate cut hope.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
The rise in India Inc's market value was led by asset-light firms.
The 30-share Sensex ended higher by 30 points.
Caution prevailed across the bourses ahead of the Union Budget.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Sensex climbs higher on favourable global cues.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
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.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
India Inc did not perform well during December quarter.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
