Markets closed in the red on domestic worries.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
The bias for the Sensex is likely to remain bearish as long as the index sustains below 18,900-odd levels. On the downside, the index could slide to 17,300-odd levels
Infosys, Wipro and HUL among the top losers for the day.
The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Participants are eyeing the Bihar elections.
The 30-share Sensex ended down 32 points at 28,851 and the 50-share Nifty closed 12 points lower at 8,712.
Bank shares were the top losers after sharp gains last week.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Of these, three stocks belong to the automobile pack and two are from the pharma.
Markets gained for the second straight session to kick-off the September F&O series on a robust note.
Banks stocks continued to trade weak along with FMCG major ITC.
Bank of Baroda ended flat after sharp gains in the previous session.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Banks, real estate and metal scrips among the top losers.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
Stocks of companies having operations and exports to Europe were the top losers.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The breadth was neutral with 1,329 advances and 1,320 declines.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Metal shares were the top gainers with Hindalco up over 5%.
Since we are at the start of the month and the quarter, we shall look at the broader picture for the markets.
The recovery was led by information technology exporters.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.