Fresh spell of buying by retail investors and domestic institutions coupled with covering-up of outstanding short positions ahead of the May derivatives expiry helped recover the market.
The government's white-collar crime investigation agency SFIO is developing a new system for early detection of corporate frauds and to safeguard gullible investors from fly-by-night operators.
The 30-share index resumed lower at 30,553.89 and hovered in a range of 30,610.84 and 30,316.92 before settling at 30,365.25, showing a loss of 205.72 points, or 0.67 percent.
The rupee depreciated by 23 paise to 64.78 against the dollar in early trade Tuesday due to increased demand for the US currency from importers.
The benchmark BSE Sensex fell over 100 points while NSE Nifty slumped below the 9,400-mark in early trade Tuesday due to profit booking by investors.
The benchmark BSE Sensex rose further by 106 points following a rally in FMCG, consumer durables and capital goods stocks after the GST Council finalised rates for bulk of the goods and services last week.
FMCG giant ITC rose the most among 30 Sensex constituents, climbing 2.82 percent to Rs 293.95.
As per experts, equities are likely to see volatility this week amid derivatives expiry. Also cues from indices taking from quarterly earnings of blue-chips such as Tata Motors may play a role.
Pension fund managers will now have more investment options, with InvITs finally becoming a reality after two years and REITs in the offing.
India Inc's credit profile was at its strongest last fiscal with less than 10 percent of the corporate debt securities rated as unsafe for investment -- the lowest level so far for such issues.
Overseas investors have pumped in more than USD 2 billion so far in the country's capital market this month, helped by stable outlook for the rupee.
The resurgent rupee suffered a major setback during the week as the home currency crumbled under heightened US political instability fears and plunged to end at a fresh one-month low of 64.64 against the greenbank.
Markets continued to rule firm for the second straight week on persistent buying mainly in FMCG and Metal counters following finalisation of GST rates for bulk of the items.
Private sector lender Kotak Mahindra Bank and Tata Motors DVR (Differential Voting Right Share) will be included in the BSE's benchmark Sensex from June 19.
Benchmark Sensex ended in the green at 30,464 in see-saw trade Friday as FMCG counters buzzed following finalisation of GST rates for bulk of the items.
FMCG stocks stepped into the limelight today, surging up to 7 percent, as common use products such as hair oil, soaps and toothpaste will cost less from July 1 when GST is due to set in.
Sentiment was also bolstered by the progress on the GST front, with the GST Council finalising rates for most goods.
The rupee made a tentative recovery of 16 paise at 64.68 against the dollar at the start of the session today after banks and exporters hit the sale button for the US currency.
Experiencing its worst day in about 10 months, the rupee on Thursday fell by a massive 69 paise to end at more than one-month low of 64.84 against the US dollar amid heightened global volatility.
Equities went into a tailspin on Thursday after a three-session surge, with benchmark Sensex plunging 224 points and Nifty closing below 9,500, as global markets were roiled by the latest crisis surrounding US President Donald Trump.