Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Scooters such as those from Kinetic Motors had become gearless by then and were no more family rides, but peppier individual modes of transport.
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
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.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Falling margins, high inflation pitting workers against management.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
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Financials and auto stocks were the top losers while energy and IT shares recovered
Global cues lift Sensex 364 points; Nifty ends above 8,650.
Gains in auto shares helped offset losses in select index heavyweights led by Infosys.
Stocks and sectors impacted most by GST.
After paring some gains, the 30-share index settled at an all-time closing high of 28,008.90, up by 98.84 points, or 0.35 per cent, over the previous close.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Most Asian stock markets steadied on Wednesday.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
The incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
Investors indulged in profit booking at attractive and higher valuations
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
Markets ended at record closing highs for the second day in a row on institutional buying.
Automobile sector accounts for the third-highest equity mutual fund contributions.
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.
FIIs pump in Rs 2,075 crore in past three trading sessions.
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Financials were the top losers after sharp gains in the previous session along with ITC
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
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Gains were led by index heavyweights Reliance Industries and Infosys.
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 NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.