It was a record setting spree for the markets early on today as the NSE Nifty crossed the 9,700-mark for the first time and BSE Sensex shot up by 121 points to hit a fresh all-time high of 31,430.32.

Trading sentiments got a boost as investors widened positions ahead of the Reserve Bank's monetary policy review meet tomorrow amid a mixed trend in Asian region, brokers said.

The BSE Sensex fell over 75 points to 31,070 and the Nifty slipped below 9,600-mark in early trade on Thrusday as participants trimmed their positions, triggered by lower GDP numbers and core infrastructure sectors growth.

Trading sentiment suffered a setback after macroeconomic indicators such as GDP numbers and core sector growth showed that the country's economic growth has slowed down.

The BSE Sensex hit a fresh record high of 31,233 by surging over 74 points, and NSE Nifty touched fresh lifetime high of 9,638 in early trade on Wednesday on sustained buying by domestic institutional investors.

Rising for the fifth straight day, the 30-share index rose by 74.28 points, or 0.23%, to hit a new peak of 31,233.68.

Snapping its record-setting spree, the benchmark BSE Sensex fell over 41 points in early trade today as participants locked-in gains at current levels amid disappointing quarterly earnings.

Besides, absence of cues too negatively impacted trading sentiments as most of other Asian markets are shut.

Stock markets came off their peak and turned weak on Monday after two back-to-back sessions of gains as the benchmark Sensex cracked below 31,000-mark after investors indulged in profit-booking. Besides, muted earnings from some companies weighed on sentiment.

The 30-share index slipped below the 31,000-mark by falling 158.31 points, or 0.51%, to 30,869.90 as profit-booking set in recent gainers. The gauge had gained 726.57 points and closed at life high of 31,028.21 after scaling an intra-day record high of 31,074.07 on Friday.

The BSE Sensex Friday shot up another 133.86 points to a fresh all-time high of 30,883.89 and the Nifty hit 9,542.85 in early trade on Friday as the June derivatives series took off on a strong footing on encouraging earnings and sustained foreign capital inflows.

The 30-share BSE index climbed 133.86 points, or 0.43%, to trade at a new record of 30,883.89, breaking its previous landmark of 30,793.43 (intra-day) touched in Thursday's trade. The gauge had rallied 448.39 points in the previous session.

The benchmark indices extended gains in noon deals as traders appeared to have been covering their short positions before expiry of the May series of derivative contracts due later today.

Asian markets hitting their two-year highs after the US Federal Reserve signalled a more cautious approach to future rate hikes, also contributed to the gains.

IDBI Bank hit its 52-week low of Rs 61.75, down 5.5% on BSE in intra-day trade, after domestic rating agencies ICRA and CRISIL downgraded various debt instruments of the state-run bank.

“ICRA has advised that the rating downgrade takes into account the bank’s substantially weak operating and financial performance during fourth quarter of financial year 2017 (Q4FY17) and in the financial year 2017 overall, which has resulted in a significant erosion of its capital (CET-I)," IDBI Bank said in a regulatory filing.

The benchmark BSE Sensex fell by 85 points while NSE Nifty slumped below the 9,400-mark in early trade on Tuesday due to profit booking by investors. The 30-share barometer declined by 85.17 points, or 0.28%, to 30,485.80 points.

Shares of healthcare, power, realty, PSU, consumer durables, oil&gas and metal were trading in the negative zone, with losses of up to 2.40%. The key BSE index had gained 136.18 points in the last two sessions.

The benchmark BSE Sensex rallied over 227 points in early trade on Monday on buying in FMCG, banking and IT stocks by investors enthused by global rally in stock markets. The BSE 30-share index surged 227.44 points, or 0.75%, to 30,692.36 points. The gauge had gained 30.13 points in the previous session on Friday. All sectoral indices led by FMCG, realty, capital goods, metal and auto were in the green, rising up to 1.76%. Also, the NSE Nifty gained 62.55 points, or 0.66%, to 9,490.45 points.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.