In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
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%.
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Markets snapped their 8-day winning streak.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Pharma major Lupin and mortgage lender HDFC were the top losers.
The Street is never short of hope and events to look forward to
Today, Suzuki depends on Maruti for its place in the world