Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
Overnight, the Dow Jones industrial average rose 0.4% to 13,253 and the Standard & Poor's 500 Index advanced 0.6% to 1,403 at close.
The overall market breadth was negative as 1,844 stocks declined against 986 advancing ones, on the BSE.
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
RIL jumps 5.7% toclose at three month high level
Other losers included HCL Tech, Yes Bank, IndusInd Bank, TCS, ONGC, Bajaj Finance, PowerGrid, Vedanta, Asian Paints, NTPC and Hero MotoCorp, which shed up to 4.07 per cent.
Markets continue to trade on a strong note in the late morning deals on the back of positive global cues and buying visible in the banking and capital goods stocks ahead of the Reserve Bank of India's (RBI) policy review which is due on Tuesday.
Realty stocks ended firm on expectations that the central bank will start cutting interest rates in the coming months to prop up slowing economy.
The Sensex dropped 207 points to end at 17,362. The Nifty ended down 68 points to 5,221.
NTPC was the top gainer, spurting 4.28 per cent. Other winners were Bajaj Auto, Bajaj Finance, Sun Pharma, ITC, Hero MotoCorp, TCS, Yes Bank, HDFC, HDFC Bank and SBI, rising up to 1.38 per cent.
The markets have opened on a lacklustre note in the absence of major cues from the US markets that were closed on account of Independence Day holiday. The Sensex is down 15 points at 17,448. Nifty is flat at 5299.
Markets have slipped into the red after opening on the positive zone. The Sensex is down 35 points at 17,394. Nifty is down 10 points at 5,269.
BSE market breadth was almost neutral as 1,397 shares advanced while 1,345 shares declined.
The Nifty ended down 29 points at 4,750.
Nifty ended up 65 points at 4,779.
Interest rate sensitive counters were witnessing strong buying demand on expectations that the RBI will cut interest rates
The overall breadth was neutral as 1,362 stocks advanced while 1,331 stocks advanced.
Leading indicators suggest economic activity has been disrupted after demonetisation.
The overall breadth was negative as 1,539 stocks declined while 1,232 stocks advanced.
Market breadth ended weak with 1,430 losers and 1,339 gainers on the BSE.
Sensex opened at 25,817 levels, 47 points down.
On the other hand, jobs increased for the 10th straight month in the manufacturing sector, albeit only slightly
The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.
Sectorally, metal and banking stocks rallied the most, while FMCG and realty stocks came under selling pressure.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
Nifty crossed the 5,600 mark and finally ended at 5,564 -- up 42 points.
The overall breadth was positive as 1,640 stocks advanced while 1,292 shares declined.
Out of 30 Sensex shares, 19 ended lower while 11 gained
Interest rate sensitive stocks gain ground post decision
BSE market breadth was negative. Out of 3,022 stocks traded, 1,694 declined while 1,196 advanced.
The market breadth in BSE ended healthy with 2,019 advancing and 740 shares declining.
The broader NSE Nifty rose nearly 124 points to settle just below the psychological 11,000 level.
The biggest gainers in the Sensex pack in Friday's session were Yes Bank, Bharti Airtel, Tata Motors, Vedanta, SBI and Axis Bank, spurting up to 3.05 per cent. The losers included HCL Tech, TCS, Infosys, Hero MotoCorp, IndusInd Bank and Sun Pharma, falling up to 1.55 per cent.
The Reserve Bank of India has also expressed concern over rising inflation and said the prevailing level is above its comfort zone.
The broad-based Nifty slipped below the 8,600-level by losing 24.60 points, 0.28 per cent, to 8,590.65