Markets extended losses after the first hour of trade with HDFC Group shares leading the decline.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
The total market capitalisation of BSE listed companies stood at Rs 1,01,68,542 crore.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
The sentiment-driven rally also got support from stock specific earning results and Finance Minister Arun Jaitley's statement that the Centre will step up reforms to attract more investment and fill up infrastructure deficit.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Investors will maintain a cautious stance.
The S&P BSE Sensex surged 217 points to end at 25,736.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
The winter session of Parliament will commence on November 26.
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Investors accumulated quality stocks at valuable and attractive levels.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
Sensex, Nifty end lower on global concerns.
Markets at close: Sensex ends in green; Nifty rises to new closing peak.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
Participants are eyeing the Bihar elections.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bank of Baroda ended flat after sharp gains in the previous session.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Positive cues from the global market front aided the rally.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%