Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
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Banks, real estate and metal scrips among the top losers.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
The breadth was neutral with 1,329 advances and 1,320 declines.
Markets closed the day in green on favourable domestic factors,
Markets ended in green on rate cut hope.
Markets shrugged off RBI's neutral stance on key policy rates.
Index heavyweights were the top losers along with bank shares.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Only six sectors are likely to report good set of numbers in Q4 FY15.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
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Bank stocks have underperformed in the second quarter of FY'14 with the BSE Bankex declining 18 per cent compared to fall of 1 per cent in the BSE 30-stock index, Sensex, during this period.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Banks and realty among the most hit on account of high borrowing costs.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
BSE Bankex and Telecom indices led the fall.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
Sensex ends lower; govt schemes in focus.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
With strong long-term fundamentals, banking sector cannot be completely ignored
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Sensex climbs higher at close, bluechip stocks in focus.
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