Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
The index had risen over 585 points in the previous three sessions.
Ficci also said the new leadership is expected to recognise the industry concerns on land, labour and environment.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
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%.
In dollar terms, TCS' market valuation rose to $84 billion.
Investors booked profits in recent gainers
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
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.
In the domestic market cap ranking, TCS continues to top the list
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
This will help Coal India become globally competitive, says Minister of State for Coal Dasari Narayana Rao.
The top line growth for the 500 companies slowed down to 8.7 per cent.
Rupinder Pal Singh and Simon Child in the dying minutes of the match saw Delhi Waveriders get past the dangerous Kalinga Lancers with a 6-4 win.
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.
Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
The S&P BSE Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
A bench headed by Chief Justice H L Dattu said, the apex court had granted six months' time to wind up their operations and the companies cannot be restrained from excavating coal during this period.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
The 30-share barometer started higher, but lost its way soon after the railway budget.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
However, Adani Australia has clarified on its Facebook page on Monday that in terms of quality of the coal it is almost 50 per cent better than that used domestically.
Oil & gas, banking and pharma sector stocks stole the show
The 50-share NSE Nifty ended at 9,143.80, up 43 points, or 0.47 per cent, after moving between 9,153.15 and 9,109.10.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.