The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
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.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
This surpassed its previous record close of 29,974.24, reached on April 5.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Oil tanked to a 7-year low as OPEC decided to maintain production.
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 Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Sensex,Nifty to remain under pressure through the week.
The 30-share Sensex ended in the red.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
Investors will maintain a cautious stance.
'The market position from here on is expected to go up'.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
After a volatile session, Sensex closed the day 563 points lower
Sensex remained volatile through the day.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Gains were led by Tata Motors on robust Q1 earnings and HDFC Group shares.
Indian indices fell more than those of most other emerging markets.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
The rupee fell to a two-year low of 64.84 against the US dollar.
Markets ended lower on profit taking ahead of June F&O expiry.
The S&P BSE Sensex surged 160 points to close at 25,262.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
There are few strategies to invest safely in a volatile market.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
Markets closed in the red on domestic worries.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
ONGC was the top performer while private banking major ICICI Bank extended gains