Benchmark BSE Sensex trimmed its early gains, though trading higher by 38 points on bouts of value buying amid recovery in global markets.
Snapping a three-day losing streak, key Indian equity indices traded in the green, with the BSE Sensex surging almost 300 points during the mid-afternoon session.
Indian shares rose, buoyed by gains in refiners such as RIL as oil prices dropped overnight after crude oil and gasoline stockpiles rose unexpectedly in the US.
The benchmark BSE Sensex climbed 154 points to end at all time high of 32,382.46 while the NSE Nifty closed above the 10,000 mark for the first time on heavy buying.
Indian shares eased after hitting record highs early as a string of weak quarterly results, including from Sun Pharmaceutical and Reliance Communications, hit sentiment.
Macro-economic data points, along with quarterly results and a decision on the GST sub-rates on gold, will form the major themes for the Indian stock markets.
Amidst cross-border tensions with Pakistan and geo-political worries the Indian equity markets closed the week's trade at record highs.
BSE Sensex inched up higher for a second straight session to an over seven-month high, buoyed by arrival of monsoon rains in Kerala.
Market benchmark Sensex heavily lost ground today and slumped by 262 points to hit a 21-month low.
The early momentum of the market fizzled out as the benchmark Sensex fell over 119 points to end below the key 26,000-mark.
To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI
SBI puts Rs 1935 Cr worth loans up for sale to 24 entities
Seeks bids on cash basis or a mix of cash and security receipts
Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt
Financial Express Reports
POWER GRID CORP
Emerges as lowest bidder for Rs 1000 cr project
To set up Vindhychaal-Varanasi 765 KV transmission line
Financial Express Reports
Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr
Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group
Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility
AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM