The benchmark BSE Sensex reclaimed the 28K-level, though ending the week marginally up by 26.49 points to 28,078.35, while broader Nifty gained 44.65 to finish at 8,683.15. The week saw a dawn of new era as far as Indian stock market is concerned as the much awaited GST bill passage has been approved by the Parliament in the midst of equities vaguely following rest all other market determinants including a four months high in manufacturing (PMI)s, fastest growth in core Infrastructure, sustained FII inflows and good monsoons.

Market benchmark Sensex rallied over 31 points to 27,945.40 and its counterpart NSE Nifty regained the 8,600-mark in early session on Friday on a fresh spell of buying in select blue-chips by investors amid sustained foreign fund inflows.

Besides, a firming trend in rest of Asia after the Bank of England announced a interest rate cut and fresh stimulus package to counter the fallout from Britain's vote to quit the European Union also lifted sentiment here, brokers said.

Shares of automobiles companies were trading higher by up to 4% on the National Stock Exchange (NSE) in an otherwise subdued market after the Rajya Sabha passed the Goods and Services Tax (GST) Constitutional Amendment Bill.

Tata Motors (up 4% at Rs 496), Hero MotoCorp (2% at Rs 3,293), Bajaj Auto (2% at Rs 2,766), Ashok Leyland (1% at Rs 86.70), Maruti Suzuki India (1% at Rs 4,922) were up in the range of 1%-4% on the National Stock Exchange (NSE).

Key benchmark indices weakened once again and hit fresh intraday low in mid-morning trade. At 11:20 IST, the barometer index, the S&P BSE Sensex was down 238.30 points or 0.85% at 27,743.41. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex.

The Nifty was currently down 63.20 points or 0.73% at 8,559.70. The Sensex hit lowest level in almost two-weeks. The Nifty hit lowest level in more than one-week. Weakness in Asian stocks weighed on sentiment.

The BSE Sensex recovered by almost 67 points in early trade on fresh buying by investors and foreign funds buoyed by a pick up in infrastructure sector in June coupled with rising hopes of GST Bill passage this week.

The 30-share index rose 66.94 points or 0.23% to 28,070.06 with all the sectoral indices led by FMCG, capital goods, auto, healthcare and banking, advancing by up to 1.11%. The gauge had lost 205.48 points in the previous two sessions.

Benchmark share indices shrugged off weak global cues to end higher followig the expiry of July F&O derivative contracts after the recent developments in the parliament rekindled hopes of the GST Bill getting passed in the ongoing monsoon session of Parliament.

The domestic equity markets staged a strong comeback after Tuesday's losses in early trade as the BSE Sensex recovered by about 144 points in early trade, following widespread buying amid rising hopes over passage of the GST bill in Parliament.

Moreover, sustained foreign fund inflows and a mixed trend at other Asian markets on caution ahead of the US Federal Reserve's policy decision later in the day, influenced market sentiment.

MUMBAI: Market benchmark Sensex broke below the 28,000-mark on Tuesday after sliding 119 points as investors booked profits in recent winners amid caution ahead of key meetings of central banks in the US and Japan.

The broader NSE Nifty also failed to maintain the key 8,600-level.

Indian equity markets traded in the positive territory on Monday prompted by positive global cues and expectations of healthy quarterly results.

Consequently, the two key indices traded in the green during the mid-afternoon trade session, as healthy buying was witnessed in all the 19 sub-indices of the BSE, led by stocks of consumer durables, oil and gas and banks.

The benchmark BSE Sensex jumped about 284 points to reclaim the 28,000-level at mid-session on Monday on across-the-board buying led by banking stocks amid sustained foreign fund inflows on optimism over GST bill's passage.

Moreover, a firming trend overseas as investors pinned their hopes on fresh Bank of Japan stimulus, too accelerated buying activity in domestic equities.

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