Caution prevailed across the bourses ahead of the Union Budget.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
The broader markets are outperforming the benchmark indices.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
Index heavyweights were the top losers along with bank shares.
Markets climb higher tracking global cues.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
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.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Sensex seems to be under pressure on weak cues.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
Monsoon is expected to be normal in June.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
IIP for November 2015 and CPI for December 2015 will be announced today.
Sensex climbs higher at close, bluechip stocks in focus.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Sensex closed over 118 points down on Thursday.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
The Sensex ended up 244 points at 28,504 on strong global cues.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Auto stocks are weighing on the indices.