The 30-share BSE Sensex closed at 17,558.85, up 107.83 points or 0.62 pc and the 50-share NSE Nifty rose 0.67 pc or 35.10 points to settle at 5,260.40.
Banking, FMCG, capital goods, realty, select technology and telecom companies' shares witnessed buying interest.
Infosys and Bharti remained leader since beginning of trade today while Hero Honda, Hindalco, Sun Pharma and Reliance Power rose 3.5-4.6 pc.
However, ONGC, NTPC, HDFC, Tata Motors, Maruti, ACC, Reliance Communications, BPCL, ABB, Tata Power, Ranbaxy, Grasim and Suzlon Energy saw selling pressure. Heavyweight Reliance Industries was flat.
Nifty trades in narrow range; metal, banks dip
At 12:12 pm, the 50-share NSE Nifty continued to see marginal selling pressure amid volatility.
The Sensex was trading at 17402.92, down 48.10 points and the Nifty was at 5210.30, down 15 points.
The broader indices were flat and the market breadth was mixed. About 1404 shares advanced while 1484 shares declined on the BSE. Nearly 334 shares were unchanged.
On the one side, shares of cement, capital goods, power, oil & gas, auto, metal and select banking & financial companies were trading weak.
However, Infosys, Bharti Airtel, HDFC Bank, Reliance Power, Cairn, HUL, ITC, Jindal Steel, PNB, Jaiprakash Associates, Idea Cellular, Sun Pharma, Siemens, Hindalco, Hero Honda, DLF, Cipla and Reliance Infrastructure were seeing buying interest.
Top losers were Tata Motors slipped 2 pc and ACC was down 2 pc. HDFC, Maruti Suzuki, Tata Steel and GAIL were down 1.3-1.7 pc.
Top percentage gainers were Panacea Biotec and Choice Financial shot up 20 pc each. Bajaj Steel, Ajanta Pharma, Natco Pharma, Cholamandalam and Hb Stockholding were up 15-17.5 pc.
Sensex trading lower; RIL, ONGC, SBI dip
At 10:41 am, the 30-share BSE Sensex was trading marginally lower amid volatility.
The Sensex was trading at 17407, up 43 points and the Nifty was at 5211, up 14 points.
The market breadth was mixed; about 1451 shares advanced while 1401 shares declined on the BSE. Nearly 370 shares were unchanged.
Oil & gas exploration, capital goods, banking (except HDFC Bank), cement, metal, auto and select power companies' shares were witnessing selling pressure.
However, buying in FMCG, pharma and select telecom companies' shares along with Infosys, Reliance Power, HDFC Bank, Cairn, Jindal Steel, Hero Honda, Jaiprakash Associates, Hindalco and DLF capped the losses to some extent.
Major Asian markets were also under pressure. Hang Seng and Shanghai slipped 1.2 pc each. However, Nikkei, Straits Times, Kospi and Taiwan were marginally in the green.
Nifty volatile in trade; HDFC, SBI, RIL dip
The benchmark Nifty was volatile in opening trade and was hovering around its previous closing value.
At 9:02 am, the Sensex was trading at 17,446, down 5 points and the Nifty was at 5220, down 5 points.
However, the BSE Smallcap Index was up 14 points to 8461 and Smallcap up 17 points to 7605. About 406 shares advanced while 293 shares declined on the NSE.
Among the frontliners, HDFC, ICICI Bank, SBI, Axis Bank, Tata Motors, PNB, NTPC, Suzlon Energy, Reliance Industries and Cipla were losers.
Reliance Power, Cairn India, Tata Power, Reliance Infrastructure and Siemens were gainers.
Asian markets were trading mixed. Hang Seng was down 1.34 pc, Shanghai down 0.89 pc, Taiwan down 0.7 pc and Straits Times down 0.2 pc. However, Jakarta fell 1 pc. Nikkei and Kospi were flat.