The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
The BCCI on Tuesday named Ravi Shastri as the new chief coach of the Indian cricket team with former fast bowling great Zaheer Khan being appointed the bowling coach for a period of two years.
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.
Out of 30 Sensex shares, 19 ended lower while 11 gained
Investor wealth too fell by nearly Rs 7 lakh crore during 2015-16 or over Rs 2,700 crore per trading session.
The S&P BSE Sensex ended the session at 25,342, up 3 points while the Nifty50 closed at 7,738 points.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Financials and auto stocks were the top losers while energy and IT shares recovered
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Sourav Ganguly has said that he was not in a position to take up the job of Indian cricket team's coach at present even if offered to him. "I really don't know as I have got another job to do at the moment. I am actually running the cricket (as CAB president). You can't do both at the same time. "You have to see where life goes. At the present moment, 'No' (to coaching)as I am an administrator with responsibilities of running the game," Ganguly said when asked whether he was ready to coach the Indian team. On whether he could be the next BCCI President, the former Indian captain proffered to remain non committal. "I really don't know. I have just started a career and I don't where it will go and where it will finish. I don't rule out anything in life nor do I look too far forward either. I live for the day and the moment.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Global cues lift Sensex 364 points; Nifty ends above 8,650.
This surpassed its previous record close of 29,974.24, reached on April 5.
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Investors indulged in profit booking at attractive and higher valuations
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Among other stocks, IT firm Mphasis today reported a 15.30% increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Markets ended weak tracking the expiry of April derivative contracts.
Sun Pharma emerged as the star performer and closed 4.03 per cent up at Rs 675.45, while Cipla rallied 1.58 per cent to Rs 592.60.
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
Markets ended in red, index heavyweights drag.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
Rise in crude oil price and rally in global equities aided the sentiment
Metals bucked the trend and shone across the board.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
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