Gains in auto shares helped offset losses in select index heavyweights led by Infosys.
Stocks and sectors impacted most by GST.
The broader NSE index has fallen about 0.9% as investors wait for corporate results
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
Investors indulged in profit booking at attractive and higher valuations
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company reported a steep 96.22 per cent decline in consolidated net profit for the December quarter.
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.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
Ford India and Renault too reported good sales growth in April
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
Broader markers outperformed their larger peers.
The market sentiment was also impacted by mixed global cues as setbacks for a healthcare overhaul in the US raised doubts over prospects for a range of reforms backed by President Donald Trump.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Govt may not announce any new concessions in excise duty
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Gains were led by index heavyweights Reliance Industries and Infosys.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
Financials were the top losers after sharp gains in the previous session along with ITC
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
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
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
.jpg)
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
In the broader markets, the mid and smallcap indices were up 0.3% each, underperforming the BSE benchmark index which gained 0.5%.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
The updated Hero Xtreme packs in a lot of goodies which amplifies its value for money quotient even further, says Faisal Ali Khan of MotorBeam.com
