The Sensex shut shop at 20948.81 up 96.43 points or 0.46 percent and the Nifty closed at 6301.55 up 28.35 points or 0.45 percent.
About 1801 shares advanced, 1290 shares declined, and 357 shares remain unchanged.
Power Grid Corp, HUL, SAIL, HDFC Bank were among the top gainers with 5.54 percent, 4.03 percent, 2.86 percent, 2.70 percent up respectively.
SBI, IDFC, Maruti Suzuki, Reliance Infra were among top losers with 4.46 percent, 3.58 percent, 1.12 percent, 1.07 percent down respectively.
Sensex drops to 20,800; Power Grid sees buying
Continued selling in banking, oil & goods stocks further weighed down on the market. While Sensex slipped below 20,800 mark, Nifty also traded red. Broader indices, BSE Midcap and smallcap, were tading flat.
At 1:53 pm, BSE Sensex was at 20,800.85, down 51.53 and NSE Nifty was at 6,258.25, down 14.95 points.
Major losers were heavyweights Reliance, SBI, ONGC and L&T.
However, FMCG, realty, IT and metal stocks continued trading on the positive side. Infosys, HDFC Bank, Bharti Airtel and Power Grid Corp were witnessing buying interest.
Profit booking plunges indices into red
Due to profit booking at higher levels, both the benchmarks slipped into the red. At 12:01 pm, BSE Sensex was at 20,807.41, down 44.97 points, NSE Nifty was at 6,258.65, down 14.55 points.
Selling continued in banking, along with oil & gas and capital goods stocks. After plummeting 4 per cent on opening trade, SBI further dipped 2 per cent on poor results.
However, on the positive side, realty, IT, telecom, metal, auto and FMCG stocks were witnessing buying.
Mkts open flat; buying in FMGC, auto
With markets witnessing selling pressure as well as buying interest, the indices, which took a heavy beating on Monday, Nov 8, have opened the day on a flat note.
At 9:25 am, BSE Sensex stood at 20,889.25, up 36.87 points, NSE Nift gained 7.05 points to stand at 6,280.25.
Buying was seen in FMCG and auto stocks, while selling was seen in banking stocks.
Asian markets such as Shanghai Composite, Hang Seng, Nikkei and Seoul Composite were trading lower.
The biggest loser at opening bell was banking major SBI, which plunged 4 per cent on poor results.