BSE barometer ended 986.11 points or 3.22 per cent higher at 31,588.72, while the Nifty zoomed 273.95 points, or 3.03 per cent, to finish at 9,266.75.
Continuing its downward spiral, domestic BSE Sensex sank 3,213 points in early trade, plummeting 10.86 per cent to 29,564.58, which triggered the lower circuit limit.
Bourses in Shanghai dropped over 2.41 per cent, Hong Kong 3.53 per cent, Seoul 3.89 per cent and Tokyo cracked up to 5.65 per cent.
Government sets aside Rs 1,500 crore towards industrial incentives, Rs 1,998 crore towards development of the sector
The 30-share index ended 1,448.37 points, or 3.64 per cent, lower at 38,297.29, while the Nifty sank 431.55 points or 3.71 per cent to end at 11,201.75.
Stock exchanges in Shanghai, Hong Kong and Tokyo were trading with heavy losses, while bourses in Seoul turned positive after Monday's selloff.
In the latest development on this front, Sangareddy will be home to the country’s largest ice-cream manufacturing facility with Hatsun Agro Product Ltd set to commence its commercial operations in October at a cost of Rs 207 crore.
Experts said the Budget has been below par considering investors had extremely high expectations from the government to revive the economy
foreign institutional investors sold equities worth Rs 4,179.12 crore, while domestic institutional investors purchased shares worth Rs 3,816.44 crore on Friday.
Hero MotoCorp, M&M, Maruti, Sun Pharma, SBI, Bajaj Auto and HDFC Bank were also trading with gains.
Bourses in Japan were trading with sharp losses, while markets in China, Korea and Hong Kong were closed for a holiday.
Bourses in Tokyo and Seoul were trading on a positive note in their early sessions, while those Shanghai and Hong Kong were flat.
Over 300 applications already received till date for participation in Start-up Stage platform
The attacks were in revenge for the killing of the commander of Iran's Revolutionary Guards, General Qasem Soleimani on Friday, which was ordered by US President Donald Trump, as per Iranian state TV.
The Pentagon on Monday distanced itself from US President Donald Trump's assertions that he would bomb Iranian cultural sites despite international prohibitions on such attacks.