BSE: Top losers and gainers
Markets snapped its four day winning streak and closed almost 1 per cent lower led by a sell-off in heavyweight banking stocks.
The investor sentiment went for a toss on cues emerging from world's biggest economies.
Macro-economic data from China and minutes of the US Federal Reserve's last meeting caused the turmoil as stocks tumbled around the globe.
Outlook for world's second-largest economy turned tad grim, after latest data from China points to a contraction in manufacturing activity for second month in a row leading to sell-off in metal stocks on Thursday.