Shares reversed course to end on Tuesday, pressured by the selling force hitting a series of large-cap stock groups.
Shares had a good start on Monday, driven by the strong growth of blue chips in the banking and aviation stock groups.
The market ended bullish on Tuesday as strong buying forces brought an upswing on blue chips, lifting indices.
Although the rally in recent sessions was quite positive, with the temporary cautious state of cash flow, it is likely that the market will need a step back to re-test supply and demand, said brokerages.
The market reversed the downward trend in the morning to end slightly higher in a late-session rally on Thursday.
The stock market finished higher on Tuesday, ending a two-day fall, as bottom-fishing activities lifted large-cap stocks.
Shares ended higher on Thursday after facing strong correction in the previous session thanks to the gains of large-cap stocks.
Rallies in recent sessions of coal stocks have boosted the market's sentiment.
Benchmark indices ended the week on a positive note, as risk appetite improved ahead of a long holiday.
The market continued its upward march on Wednesday as optimistic sentiment lifted large-cap stocks.
Shares bounced back slightly on Wednesday after a brief fall in the previous session, driven by growth of banks, while realty stocks continued to slide following negative news of big property firms.