Index heavyweights and financials drag.
BSE Consumer Durable, Realty, IT, Oil & Gas indices declined between 1-2%.
The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 per cent.
Markets pared early gains to end lower weighed down by selling pressure in FMCG, oil and auto shares.
Losses largely came from the metal index, followed by power, infrastructure, realty, PSU, oil and gas, capital goods, FMCG, healthcare, auto and banking.
Market breadth ended weak with 1,688 losers and 1,205 gainers on the BSE.
Market breadth was marginally lower with 1,474 losers and 1,395 gainers on the BSE.
Losers included Bharti Airtel, SBI, Wipro, Vedanta, Maruti Suzuki, ICICI Bank, Axis Bank and Reliance Industries, falling up to 2.18 per cent.
The market breadth in BSE ended unhealthy with 1,203 shares declining and 894 shares advancing.
Major gainers in the Sensex pack were Hero Motocorp, which rallied 7.01 per cent, followed by Bharti Airtel (6.69 per cent), Yes Bank (5.30 per cent), Adani Ports (4.90 per cent), Tata Steel (3.75 per cent) and Bajaj Auto (3.70 per cent).
Kotak Bank was the biggest loser in the Sensex pack, falling 3.71 per cent, followed by RIL, HDFC Bank, Bajaj Finance, PowerGrid, IndusInd Bank, Asian Paints, HDFC and ITC.
TCS and Infosys were the top losers in the Sensex pack, falling up to 3.39 per cent.
Realty, pharma and FMCG shares buck trend.
The rally was led by IT stocks, with TCS and Infosys rising up to 5 per cent. Yes Bank, on the other hand, was the biggest loser on both the bourses, cracking nearly 12 per cent
On a net basis, foreign portfolio investors bought Rs 446 crore worth of domestic stocks on Thursday and domestic institutional investors (DIIs) were net buyers to the tune of Rs 49.68 crore, provisional data available with BSE suggested.
BSE Auto index has surged by almost 2%
IT shares show continued weakness, Mid-cap index outperforms with 1.5% gains.
ICICI Bank and HDFC Bank help the upmove.
ITC was among the top Sensex losers which ended down 3.6%.
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
BSE Realty index and BSE Bankex indices surged by over 2%.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
The markets have opened marginally higher tracking subdued global cues.
Infosys shares drag key indices after company lowers dollar revenue guidance for FY13
The 30-share Sensex ended at 19,414 up 161 points or 0.84% and the 50-share Nifty ended at 5,863 up by 45 points or 0.77%.
This is the ninth consecutive month that the manufacturing PMI remained above the 50-point-mark.
Market breadth continued to remain positive with 1,730 gainers and 1,116 losers on the BSE.
BSE FMCG and PSU indices gained by almost 1 per cent each.
The biggest losers in the Sensex pack were Vedanta, Tata Steel, M&M, Tata Motors, Maruti, Hero MotoCorp, PowerGrid, Bharti Airtel, SBI and Coal India -- falling up to 4.48 per cent.
Markets have opened on a flat note with a negative bias tracking subdued global cues. The Sensex has shed 17 points to open at 17,367 and the Nifty is down 3 points at 5,251.
Markets recovered from the day lows to end higher on Thursday, following the expiry of August derivative contracts, led by financial and FMCG shares.
Markets ended in the red after a lacklustre session of trade, owing to soft cues from global peers. The Sensex after touching a high of 17,912, slipped back into the red and ended at 17,847 - down 38 points. Nifty ended down eight points at 5,413.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Tata Motors was the top Sensex loser, down nearly 4%