The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues.

The 30-share index fell by 108.10 points, or 0.32 per cent, to 32,761.62 as power, metal, infrastructure, capital goods, IT, teck, banking and auto stocks declined.

The benchmark BSE Sensex regained the 33,000-mark by recovering almost 176 points in opening trade today on value-buying by domestic investors in recently battered stocks.

The 30-share index gained 175.53 points or 0.53 per cent higher at 33,008.47 with sectoral indices led by IT, teck and healthcare trading in the positive zone.

NEW DELHI: The equity markets on Friday saw another day of huge losses as both equity benchmarks lost a per cent and Sensex slipped below the psychological mark of 33,000.

30-share BSE Sensex lost 316.41 points to close on 32,832.94 while the broader 50-share NSE Nifty finished trading on 10,121.80, down by 104.75 points.

One of the most important stock market participants is making a case for reinstating of long-term capital gains (LTCG) tax on equity investments.

According to sources, the BSE has made a presentation to the Union finance ministry that LTCG exemptions cause huge revenue loss to the government and also lead to market manipulation. LTCG is tax-exempt on the sale of listed securities, since 2005. This had made India one of the most liberal markets in this regard, the BSE said in a presentation last Friday.

Lakshmi Vilas Bank has dipped 6% to Rs 170 on the BSE in intra-day trade after the private sector lender fixed rights issue in the ratio of 1:3 i.e. one rights equity share for every three equity shares held by the eligible shareholders on the record date.

The bank has fixed December 06, 2017 as the record date for the purpose of rights issue of equity shares. The stock will turn for ex-rights on December 05, 2017 on the BSE and NSE.

Equity benchmarks on Friday were off to a good start as the BSE Sensex were trading beyond 33,600. Nifty also opened in the green and were gaining at 0.20 per cent in early trade. At 9:51 PM, Sensex was 88.54 points up to trade at 33,675.57 while Nifty was trading at 28.70 pois to reach upwards at 10,377.30.

In what could be a power packed comeback from last week's drag trade, key indices have finished with gains for the last six successive sessions.

The stock market made a sedate start on Thursday as the benchmark Sensex rose marginally, leaning on renewed domestic institutional buying.

Technology, IT, realty and healthcare stocks found themselves on the buy list. Positive Asian cues came as early pointers for the market.

Equity benchmarks on Wednesday opened in green tracking positive cues from Asian markets. The 30-share BSE Sensex was up 95.75 points at 33,574.10 and the 50-share NSE Nifty gained 29.80 points at 10,356.70.

Among the gainers in early trade were Yes Bank, NTPC, Ambuja Cements, Zee Entertainment, Reliance Industries, Tata Motors and Bosch.

The Sensex struck a positive note today by jumping 154 points, in keeping with firm Asian shares.

Fresh capital kept the flow on in the wake of continued buying by domestic institutional investors amid positive global indicators.

Mumbai, Nov 18 Stocks: The stock market ended on a mixed note for the week with benchmark sensex registering a modest rise of 28.24 points, end at 33,342.80, while Nifty closed with minor loss of 38.15 points to conclude 10,283.60.

The key benchmark indices declined in three out of five trading sessions of the week.

Selling was triggered as posibility of the central bank cutting interest rates next month, dampened after India's inflation picked up in October.

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