Accordingly, both the 30-scrip Sensitive Index (Sensex) of the S&P BSE and the NSE Nifty50 opened on a positive note.
The Sensex of the BSE opened at 35,009.59 points and touched a high of 35,057.17 points. The Sensex touched a low of 34,928.86 points.
Investor sentiments weakened globally and in India due to the surging number of COVID-19 cases.
The gains were in line with the rise in Asian markets.
The Sensex of the BSE opened at 35,679.64 points and touched a high of 35,679.74 points. The Sensex touched a low of 35,515.76 points.
At 10.23 a.m., Sensex was trading at 35,081.58, higher by 170.26 points or 0.49 per cent from the previous close of 34,911.32.
It has, however, shed gains after gaining as much as 479 points to touch an intra-day high of 35,211.12.
The Sensex of the BSE opened at 33,438.31 points and touched a high of 33,700.48 points. The Sensex touched a low of 33,332.96 points.
The rise in the domestic indices was on the back of a similar trend in the Asian markets. Global markets surged after the US Federal Reserve on Monday announced its plan to buy individual corporate bonds.
The Nifty50 on the National Stock Exchange (NSE) also lost over 200 points to trade below the 9,800 level.
Tracking a fall in the US and Asian markets on fears of a resurgence in coronavirus cases, the domestic indices had a gap-down opening and the BSE Sensex fell as low as 1,190.27 points during initial trade to touch an intra-day low of 32,348.10.
The Sensex of the BSE opened at 34,029.14 points and touched a high of 34,205.07 points. The Sensex touched a low of 34,014.53 points.
Investors took to profit booking during the afternoon trade after the surge during the first half.
During the initial trade, the Sensex rose 376 points to touch an intra-day high of 34,357.30 points.
The Sensex of the BSE opened at 34,185.41 and touched a high of 34,379.53 and a low of 34,177.91 after closing on Tuesday at 33,825.53.
Healthy buying in banking and finance stocks lifted the indices. The S&P BSE Banking index closed 3.25 per cent higher and the BSE Finance index rose by 3.12 per cent.
The domestic indices tracked gains in the Asian market, analysts said. Healthy buying in finance, banking and capital goods stocks also supported the indices.
The government's announcement to lift lockdown restrictions in a staggered manner starting June 8 also supported the market sentiments.
Initially, a choppy trade was witnessed on Friday with both Sensex and Nifty opening on a negative note.
The Sensex of the BSE opened at 30,793.11 points and touched a high of 30,825.18 points. The Sensex touched a low of 30,643.41 points.
Healthy buying was witnessed in FMCG, capital goods and metal stocks.
The central bank has reduced the repo rate by 40 basis points to 4 per cent, which seemed not enough to boost the market sentiments.
Buying activity in FMCG and oil & gas stocks among others supported the indices, analysts said.
The rise in the domestic market was in line with the gains in the global markets.
The Nifty50 on the National Stock Exchange also fell over 300 points to end below the psychological 9,000 mark.
The Sensex of the BSE opened at 31,841.87, touched a high of 32,845.58 and a low of 32,334.81.
The gains came ahead of the briefing by the Reserve Bank of India's (RBI) Governor Shaktikanta Das at 10 a.m. Investor sentiments were boosted on hopes of further support for liquidity easing in the economy.
The indices fell due to weakness in global markets and heavy selling in auto and consumer durable stocks.
The gains were in tandem with the rise in Asian markets.
The Sensex of the BSE opened at 29,701.92 points and touched a high of 29,916.22. The Sensex touched a low of 29,602.94 points.
The gains on the Indian stock markets were in line with the Asian indices which rose on signs that the rate of coronavirus-related deaths globally is dropping.
The decline was in tandem with the Asian indices where stocks fell due to the growing number of coronavirus cases and deaths worldwide.
Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.The Sensex of the BSE opened...
At 10.07 a.m., the Sensex was up 194.09 points at 40,480.57 while the Nifty was up by 52 points at 11,924.10.
Trump on Tuesday criticised Federal Reserve's monetary policies, saying the central bank's hesitation in lowering the interest rates capped gains in the US economy and the stock market.
Sensex jumped nearly 250 points, gaining for the seventh straight session over the strong inflow of foreign funds and better than expected earnings post the corporate tax cut.
The Sensex closed 246.32 points higher at 39,298.38, after flip-flopping between the high and low of 39,361.06 and 38,963.60, respectively. The broader Nifty settled 75.50 points higher at 11,661.85.
At 9.45 a.m., the Sensex was trading 121.86 points higher at 38,627.95. It opened at 38,637.05 from its previous close of 38,506.09.