ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Metals bucked the trend and shone across the board.
As a nationwide strike of trade unions hit banking and other services on Wednesday, business chambers pegged the loss to the economy at a staggering Rs 25,000 crore and said such "disruptive" actions can hit India's image as an attractive business destination.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
Sensex climbs higher on favourable global cues.
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
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.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
IT companies account for a third of the entire dividend pot this year
Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to 2.39 per cent.
BJP loss could trigger a correction
Sensex ends in green on boost from bluechip stocks.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Once decisions are taken to sell stock in certain state-controlled enterprises, there is no reason to not start scheduling sales immediately.
The BSE Midcap and Smallcap indices have performed better than the front-liners
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The broader markets are outperforming the benchmark indices.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Bank shares were the top losers after sharp gains last week.
BSE Bankex and Telecom indices led the fall.
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