Stocks: The S&P BSE benchmark sensex failed to maintain 30K level and Nifty also tumbled from all-time high level due to fag-end selling pressure after the news of US striking Syria. In this week, major indices trimmed their gains due to weak global cues. The Sensex and the Nifty gave up majority of the week’s gains after the news of U.S. striking Syria came out on Friday. Heavy distribution was observed in the final trading session of the week which shrunk the gains accumulated from the first two sessions.

MUMBAI: Benchmark sensex plunged about 221 points to close at a one-week low of 29,706.61 on Friday, tracking weak overseas cues.

Global markets were spooked after US launched air strikes against Syria, fuelling geopolitical concerns.

Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 points in early trade on Thursday while Asian cues were muted on overnight losses in the US.

The 30-share index, which had gained 353.74 points in the previous three sessions, was trading 121.94 points or 0.40% lower at 29,852.30 with FMCG, banking, healthcare, metal and oil and gas sectors leading the fall. The NSE Nifty was also down by 38.25 points or 0.42% at 9,225.90.

The BSE Sensex recovered by over 157 points and the Nifty scaled a record high in early trade on widespread buying by investors and funds, triggered by a firm trend in Asian markets.

On the first trading day of the new quarter, the 30-share index rose 157.97 points, or 0.53%, to 29,778.47, with sectoral indices auto, bank, oil&gas, consumer durables and capital goods advancing by up to 0.71%.

Indian shares fell on Friday as investors booked profits in recent outperformers, but were poised for a third straight gain on month fuelled by a crucial victory for India’s ruling party in a key state election and big foreign inflows into markets. The NSE index was down 0.2 percent at 9,153.35 as of 0618 GMT, while the benchmark BSE index was 0.3 percent lower at 29,562.59.

Continuing its rising streak, the benchmark BSE Sensex rose over 63 points to 29,594.84 in early trade on Thursday after the Lok Sabha approved four legislations to give shape to the historic GST amid short-covering in view of March series expiry.

Sentiments got a leg up after the much-awaited tax reform -- Goods and Services Tax (GST) -- inched closer to its July 1 rollout date with the Lok Sabha approving four supplementary legislations on Wednesday, brokers said.

The Sensex registered a good beginning on Tuesday as it recouped over 127 points after Monday's loss, with Asia providing a positive backdrop amid sustained foreign inflows.

The 30-share index was trading higher by 127.47 points, or 0.43%, at 29,364.62, with all indices led by technology, IT, power and healthcare trading in the green with gains up to 0.79%. The gauge had lost 184.25 points in the previous session.

The benchmark BSE Sensex extended losses in the late morning deals and was trading lower by 153.24 points following sustained selling in metal, energy, telecom, oil&gas, FMCG and Auto sectors amid weak Asian cues. Market turned volatile on Asian weakness following Donald Trump’s failure to push through his key healthcare legislation raised doubts whether he will be able to push through tax reforms and mega-spending packages.

MUMBAI: Stock markets opened higher on Friday with the benchmark BSE Sensex advancing by 113 points in early trade on continued buying by investors in banking and FMCG stocks.

The 50-share Nifty of National Stock Exchange also regained 9,100 level by rising 32.80 points to 9,119.10 with 30 of index constituents making advances.

The BSE opened in the green after witnessing its biggest fall on Wednesday.

The bourse was trading at 29,254.96, up 87.18 or 0.30% from previous close.

The market was up as investors bought stocks at a lower level and by taking cues from the global markets.

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.