The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
List of disappearing entities could see additions, for first time in 20 years.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Choose a career that motivates you and one that you are good at, says Prof RSS Mani, education consultant and vice president-institutional development, ITM Group of Institutions.