In the previous session, the BSE barometer declined 63.29 points or 0.21 per cent to end at 30,609.30, while the broader Nifty closed 10.20 points or 0.11 per cent down at 9,029.05.
Buying in Reliance Industries offset the negative sentiment in the market as the scrip jumped over 1 per cent after the company announced the sale of a 2.32 per cent stake in its digital unit to US private equity giant KKR for Rs 11,367 crore.
In the previous session, the BSE barometer climbed 622.44 points or 2.06 per cent to settle at 30,818.61, while the broader Nifty rose 187.45 points, or 2.11 cent, to 9,066.55.
In the previous session, the BSE barometer settled 167.19 points or 0.56 per cent higher at 30,196.17, while the broader Nifty advanced 55.85 points or 0.63 per cent to end at 8,879.10.
In the previous session, the BSE barometer settled 1,068.75 points or 3.44 per cent lower at 30,028.98, while the broader NSE Nifty plunged 313.60 points or 3.43 per cent to 8,823.25.
Equity benchmark Sensex dropped over 200 points in opening session on Friday tracking losses in index heavyweights HDFC Bank, ICICI Bank and Reliance Industries amid weak domestic investor sentiment.
In the previous session, the BSE barometer settled 190.10 points or 0.60 per cent lower at 31,371.12, and broader Nifty declined 42.65 points, or 0.46 per cent, to 9,196.55.
In the previous session, the BSE barometer settled 81.48 points or 0.26 per cent lower at 31,561.22, and the broader Nifty fell 12.30 points, or 0.13 per cent, to 9,239.20.
In the previous session, the BSE barometer settled 199.32 points or 0.63 per cent higher at 31,642.70, while the broader Nifty rose 52.45 points, or 0.57 per cent, to finish at 9,251.50.
According to traders, besides stock-specific action, massive foreign fund inflow and firm cues from global markets enthused buying activity in the domestic market.
According to analysts, a massive surge in COVID-19 cases in recent days, disappointing corporate earnings and weak macroeconomic data have had an adverse impact on investor sentiment. In India, the death toll due to COVID-19 rose to 1,783 and the number of cases climbed to 52,952, according to the health ministry.
In the previous session, the BSE barometer settled 261.84 points or 0.83 per cent lower at 31,453.51, and the NSE Nifty fell 87.90 points or 0.95 per cent to close at 9,205.60.
In the previous session, the BSE barometer settled at 31,715.35, plunging 2,002.27 points, or 5.94 per cent. The broader Nifty suffered a heavy loss of 566.40 points, or 5.74 per cent, to close at 9,293.50.
According to analysts, the market has realised that the cascading effect of the restrictions on the domestic economy and corporate earnings is much more than anticipated.
Further, the US Federal Reserve signalled on Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster the economy.
Bourses in Shanghai, Hong Kong and Seoul were trading on a positive note. On Wall Street, however, key indices ended with losses in overnight trade.International oil benchmark Brent crude futures rose 3.52 per cent to USD 23.54 per barrel.
Foreign portfolio investors were net sellers in the capital market on Monday, as they offloaded equity shares worth Rs 916.42 crore, according to provisional exchange data. The Reserve Bank of India's Rs 50,000-crore liquidity booster to the mutual fund industry has spurred buying in financial stocks, traders said.
The domestic market opened on a positive note tracking global stocks that rallied as the rate of deaths from COVID-19 dropped in several badly hit countries, while leaders stepped up plans to reopen their economies, analysts said.
Fitch Ratings has slashed India's economic growth projection to 0.8 per cent in the current 2020-21 fiscal, saying an unparalleled global recession was underway due to the COVID-19 crisis.
Foreign portfolio investors were net sellers in the capital market on Wednesday, as they offloaded equity shares worth Rs 1,326.09 crore, according to provisional exchange data.
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