Gains were led by HUL on better-than-expected margins in March quarter and capital goods shares.
Defence, security, science and technology, trade and culture are some of the issues on the plate for the talks.
Financial shares were the top losers.
The Cabinet Committee on Economic Affairs last month allowed ONGC and Oil India Limited to tap shale resources in blocks allotted to them on a nomination basis.
A number of prominent citizens and activists on Friday rubbished an Intelligence Bureau report which had said funding of several NGOs was "cleverly disguised" as donations for issues like human rights, but instead they were involved in stalling developmental projects.
The search for that one stock that transforms a virtual beggar like me into a profligate millionaire might be over, says Mudar Patherya.
Financial shares were among the top gainers with HDFC leading the gains.
India is expected to have a bigger say in pressing for concerted action in dealing with terrorism as well as on issues relating to security and defence in the region.
Sensex lost 184 points to trade at 23,878 and the Nifty has dropped 55 points to quote at 7,254.
The S&P BSE Sensex has gained 149 points to open at 25,802.
They have been named for their stake in the Farsi offshore block.
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
The US Government Accountability Office, in a recently released report, moved ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corporation, and three others, including Petronet LNG Ltd, out of the list.
Link between oil exploration and markets can be used by India to great advantage.
Have conviction in your bets and use stop-loss as a defence mechanism to curtail losses.
The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities.
Road projects alone worth $10 billion face delays over land disputes and other clearances.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
But it's a journey of a lifetime.
Rise in crude oil price and rally in global equities aided the sentiment
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
ONGC was the top performer while private banking major ICICI Bank extended gains
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Sensex remained volatile through the day.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
At the heart of one of the biggest transformations in India's corporate history lies a plan to offer super-fast broadband services.
OVL had bid for two of the 10 shallow-water blocks that Myanmar had auctioned in December but drew a blank when the fields were awarded on March 26.
As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should not hurt the private sector and RIL was one of the biggest and most respected.
Not just Vietnam, but other countries in the region like Philippines, Malaysia and Thailand, have also expressed an interest in acquiring the BrahMos cruise missile. Debalina Ghoshal explains the significance of the move.
In his pre-departure statement, he said trade ties between India and Russia can increase even further, to benefit not only the two nations but also the world.
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
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