Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
HDFC and Infosys contribute the most to today's rally.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
Why should India buy olives from Europe when it could do so from the world's largest producers?
Indian indices fell more than those of most other emerging markets.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
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Mayank Ashar talks about India's business environment.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
India has not been able to compete with countries such as Bangladesh and Vietnam.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
Sensex remained volatile through the day.
More than Indian exporters, it is Indian business families based in Sri Lanka and Hong Kong which have exploited the Bangladesh advantage
But earnings of main private holding firm get a booster dose from RIL dividend
The market breadth, indicating the overall health of the market turned negative from positive
Pharma shares extended losses after the government's ban on combination drugs.
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.
During his nearly 25-minute speech, Trump praised Modi's economic reforms and said these reforms have lifted more than three million people out of poverty. "And that is an incredible number," he added.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Qatar is the world's richest country in terms of per capita income.
Of the 30-share Sensex pack, 15 today closed in the red
'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar.
TCS, Power Grid and Infosys are among the top S&P BSE Sensex gainers
Tax exemptions to corporates result in revenue loss to state exchequer in 2014.
"As Prime Minister (Narendra) Modi said in his latest campaign, 'Modi hai to mumkin hai,' or 'Modi makes it possible', I'm looking forward to exploring what's possible between our people," Pompeo said in his major India policy speech at the India Ideas Summit of US-India Business Council on Wednesday.
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Moniz, who is expected to meet Indian officials on March 10 and 11, had put off the trip last month in view of the strained relations between the two countries over the arrest of senior Indian diplomat Devyani Khobragade in New York.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
With the objective of making India a manufacturing hub for domestic and foreign companies, Prime Minister Narendra Modi on Thursday launched the 'Make in India' initiative.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
The rupee had closed with a gain of 12 paise on Friday.
