The S&P BSE benchmark Sensex today extended its last Friday's gains on positive global cues triggered by strong US jobs data amid China's decision to cut rates and was quoting higher by another 281 points at 27,386.53 in late-morning deals.

Positive overseas developments boosted the market sentiment. Strong US jobs data pointed to economic growth picking up amid China's move to lower interest rates by 25 bps over the preceding weekend for the third time in six months.

MUMBAI: Markets endured immense volatility and unprecedented sell-off sessions by FIIs during the week, leading the benchmark Sensex and the CNX Nifty to log their multi-months low though it managed to accrue gains on hectic short-coverings on April 8 on government's move to soothe foreign investors' tax worries and the rupee rebound.

The week commenced strong, with investors taking fresh positions at the beginning of May contract on heavy sell-off in April series and the passing of Finance Bill, 2015.

The BSE Sensex surged over 574 points to trade above the 27,000 level while the Nifty reclaimed the 8,200 mark in the afternoon trade today as funds and retail investors went about creating fresh positions, driven by the government’s decision to refer MAT issue to a high-level committee.

Besides, a rebound in the rupee from the 20-month low also boosted sentiment.

Markets have closed lower for the third straight session amid volatility weighed down by financials and oil shares.

The 30-share Sensex provisionally ended lower by 146 points at 26,572 and the 50-share Nifty was down 50 points at 8,047.

On across-the-board selling in late morning deals, the stock markets nosedived to four-month lows with the benchmark BSE Sensex plunging 630.64 pts points to below 27,000-level and NSE Nifty falling 180.50 points.

Sentiments were weak in the absence of trigger amid host of negative factors in the backdrop of sustained FII outflows.

NEW DELHI: The Indian market has become an underperformer from being one of the top performing markets in the calendar year 2014. The S&P BSE Sensex, which is down over 10 per cent from its record high of 30,024.74, has erased gains made so far in the year 2015.

It is the worst-performing market among major global indices so far in the year. However, analysts are of the view that the India growth story is still intact and, therefore, long-term investors should use this short-term correction as an opportunity.

BSE Sensex rallied over 291 points at 27,302.63 in early trade today after a long weekend on fresh buying by participants as the May series in derivatives segment began amid positive Asian cues.

The 30-share index, which had lost 385.07 points in the previous two sessions, rose by 291.32 points, or 1.08 per cent, at 27,302.63.

Distinctly weak tendency prevailed for the third week in a row as the benchmark S&P BSE Sensex and the CNX Nifty plunged by another 1.5 pct to close at almost four-month low on host of negative factors during the truncated week under review.

The BSE Sensex and the NSE Nifty were closed on May 1, for observing “Maharashtra Day” holiday.

Stock exchanges BSE and NSE have decided to shift a total of 56 companies to the restricted trading segment from May 6 to ensure safety of investors in the capital markets.

BSE said it would be shifting as many as 47 scrips to the trade-to-trade or the 'T' group segment, while the National Stock Exchange (NSE) has decided to move nine stocks to this category, the bourses said in separate notices.

The benchmark Bombay Stock Exchange or BSE Sensex tanked over 240 points to slip below the 27,000-level in late morning trade today as participants indulged in offloading positions in view of April series expiry in the derivatives segment.

The 30-share barometer, which had lost 170.45 points in yesterday’s volatile session, dipped below the 27,000-mark by falling 224.34 points or 0.82 per cent to 27001.59.

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