The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
Gains in financial shares capped further downslide.
The 50-stock NSE barometer Nifty finished 22.50 points, or 0.21 per cent, down at 10,526.20
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
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.
The NSE Nifty went past the 8,600-mark for the first time since November 1.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
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 BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
The 50-share NSE Nifty slipped below the 8,200-mark to touch a low of 8,154.45, but settled at 8,170.80, down 90.95 points, or 1.10 per cent
Oil & gas, banking and pharma sector stocks stole the show
After paring some gains, the 30-share index settled at an all-time closing high of 28,008.90, up by 98.84 points, or 0.35 per cent, over the previous close.
Shiv Kapur, who could be one of the lucky few to get a chance to play with Tiger Woods on his private visit to India, feels the World's No. 1 golfer's coming to the country would make a huge impact.
The S&P BSE Sensex surged 217 points to end at 25,736.
Markets ended in red, index heavyweights drag.
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 incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
Sony eyes a 2 billion payoff from telecasting the Fifa World Cup.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
In the US, the ratio of the CEO to average worker pay ratio was 373:1 in 2014.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Out of 30 Sensex shares, 19 ended lower while 11 gained
Automobile sector accounts for the third-highest equity mutual fund contributions.
Markets end in red; bluechips struggle to keep pace.
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Financials and auto stocks were the top losers while energy and IT shares recovered
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
Most Asian stock markets steadied on Wednesday.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.