The 30-share BSE Sensex climbed 235.61 points to 65,743.93 in early trade. The Nifty advanced 76.7 points to 19,600.25.
The market was also volatile on the last session of the monthly F&O expiry. Investors are watchful of inflationary pressures and fears of another interest rate hike.
Uncertain global cues and persistent selling by FIIs are expected to keep markets under pressure in the near term
HDFC shares fell after foreign broking firm Nomura downgraded its rating to Neutral. Nomura took this call after the country's largest private-sector bank held an analyst call
Broking firm Nomura said that net interest margins (NIM) could see pressure over the next two to three quarters as HDFC Ltd's Q2FY24 opening book NIMs are at 2 per cent versus 2.7 per cent in Q1.
Foreign fund outflows and a weak trend in index major HDFC Bank also added to the overall bearish trend.
The Nifty closed at 20,192.35 on Friday. This marks a jump of 33.58% in just two-and-a-half years, from 15,115.80 on February 8, 2021.
Rallying for the 10th day running, the 30-share BSE Sensex climbed 304.06 points to 67,771.05 -- its all-time peak -- in early trade. The Nifty advanced 97.65 points to reach its lifetime high.
The 30-share BSE Sensex declined 167.77 points to 67,053.36. The Nifty slipped 49.1 points to 19,944.10.
The 30-share BSE Sensex jumped 412.02 points to 67,539.10 in early trade. The Nifty climbed 114 points to 20,110.35 -- its all-time high mark.
Milestone comes on the back of the Indian equity market closing on a high note for the seventh consecutive session, during which the Sensex and the Nifty50 surged more than 3% each.
The 30-share BSE Sensex climbed 293.7 points to 66,892.61 in early trade. The Nifty advanced 95 points to 19,914.95.
Experts say as strong-listed players continue to increase their market share with strong order book and their debt levels coming down significantly, they are being cheered at Dalal Street.
Extending its previous day's rally, the BSE benchmark Sensex climbed 243.69 points to 65,630.85 in early trade. The Nifty went up by 91.5 points to 19,526.80.
Economic reports from the US indicate a slowdown in growth which could mean that the US Federal Reserve might not go for aggressive rate hikes.
The BSE Sensex climbed 232.43 points to 65,229.03 in early trade. The NSE Nifty gained 71.85 points to 19,377.90.
The BSE Sensex climbed 177.63 points to 65,064.14 in early trade. The NSE Nifty gained 62.2 points to 19,328.
Falling for a second day in a row, the BSE Sensex closed lower by 365.83 points or 0.56 per cent at 64,886.51.
From the Sensex pack, ITC, Mahindra & Mahindra, Wipro, Larsen & Toubro, Axis Bank, Tata Steel, Maruti and Bharti Airtel were the major gainers.
In Asian markets, Seoul and Tokyo were trading in the green while Shanghai and Hong Kong quoted lower.