Metal shares were the top gainers with Hindalco up over 5%.
Investors will maintain a cautious stance.
Sensex closed over 118 points down on Thursday.
Titan was the top gainer in the Sensex pack, soaring nearly 7 per cent, followed by ONGC, L&T, Kotak Bank, Axis Bank, Bajaj Finance and HDFC Bank. NSE Nifty soared 114.15 points to end at its lifetime peak of 15,690.35.
The progress of the GST Bill in Parliament is also likely to remain 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.
The 30-share Sensex ended lower by 46 points at 27,842 and the 50-share Nifty slipped 17 points to trade at 8,378.
The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
The recovery was led by pharma majors led by Dr Reddy's Labs.
Most Asian markets ended with gains.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Benchmark indices Sensex and Nifty retreated from over one-week highs to close lower on Wednesday due to profit booking in banking, IT and metal stocks amid weak global trends. After a two-day rally, the 30-share BSE Sensex dropped by 90.99 points or 0.16 per cent to settle at 57,806.49 in volatile trade. As many as 19 of its constituents declined while 11 advanced. The broader Nifty slipped by 19.65 points or 0.11 per cent to close at 17,213.60 with 31 of its stocks ending in the red.
Sensex dull at close, Infosys rules, ITC drags.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
IndusInd Bank was the top loser in the Sensex pack, shedding around 4 per cent, followed by PowerGrid, ICICI Bank, HDFC Bank, Axis Bank and Bajaj Finance. NSE Nifty dipped 7.60 points to 14,736.40.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Bajaj Finance was the top gainer in the Sensex pack, rising around 2 per cent, followed by Sun Pharma, Tech Mahindra, Axis Bank, Bajaj Auto and Infosys. NSE Nifty rose 76.40 points to 15,174.80.
Participants are keenly waiting for the January IIP.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
The BSE Midcap and Smallcap indices have performed better than the front-liners
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Tata Motors was the top gainer on better-than-expected June quarter revenues
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
ONGC was the top performer while private banking major ICICI Bank extended gains
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Markets closed the day in green on favourable domestic factors,
Benchmark indices finished higher on hopes of economic reforms
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Sensex, Nifty end lower on global concerns.
Investors will remain cautious ahead of F&O expiry.
Gains were led by Tata Motors amid robust sales in June along with select financials.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.