SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
The time is ripe to extend the confrontation with the Chinese to the maritime domain, says former RA&W officer Krishan Varma.
'Having long portrayed Rahul as being out of touch, the BJP was suddenly confronted with a spectacle of humbleness and concern for the downtrodden,' observes Amulya Ganguli.
'By causing military humiliation of India it intends to send a signal to other Asian countries to toe the Chinese line,' argues Colonel Anil A Athale (retd).
Tuesday's semi-final in St Petersburg sees team mates from English champions Manchester City, Chelsea, Manchester United and Tottenham Hotspur go head to head as well as rivalries between club colleagues from Barcelona, Paris St Germain and Monaco.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
The Sensex ended lower on unfavourable cues.
'The potential of one such LAC engagement going out of control and leading to heavy casualties cannot be ruled out,' warns Lieutenant General Syed Ata Hasnain (retd).
The Sensex ended below 28,000 for the second straight day at 27,869.
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Markets ended at record closing highs for the second day in a row on institutional buying.
And, in turn, help 1,000 artisans earn Rs 5,000 at a time when they are struggling to cope with financial hardships during the COVID-19 pandemic.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
From announcing a lockdown and extending its tenure, setting up the country's first two exclusive Covid-19 hospitals, creating a hotspot zone, providing doorstep medical service and making masks compulsory, the state is doing all it can to dwarf the virus.
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Investors accumulated quality stocks at valuable and attractive levels.
Singh, who arrived in Moscow on Wednesday on a three-day visit to attend a crucial meeting of the Shanghai Cooperation Organisation (SCO), pressed for expediting supply of a number of weapons systems, ammunition and spares to India by Russia under contracts which were concluded earlier.
Auto and realty shares were among the top Sensex gainers.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
Investors booked profits at higher levels with oil shares leading the decline
The startling story of how a bitter ex-girlfriend helped capture artifacts raider Subhash Kapoor.
With the world watching, Steve Smith crafted a sublime 144 to help Australia recover from 122 for eight to 284 all out of Day 1 of the first Ashes Test.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
India on Friday said the Nawaz Sharif government in Pakistan has given 'good signals" in normalising bilateral ties but cautioned against expecting "magic overnight".
In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.
Twenty-seven South Asian workers, including 24 Indians, were arrested on Monday for alleged rioting in Singapore's worst outbreak of violence in over 40 years even as the prime minister warned to use "full force of the law" against trouble-makers.
Donald Trump is believed to be the first US President or President-elect to have spoken to a Taiwanese leader since 1979, when the US severed diplomatic ties with Taiwan after its recognition of the People's Republic of China, points out former RA&W officer Jayadeva Ranade.
Markets end higher ahead of Fed outcome, China stimulus
Bilal Asif took five wickets and made a handy contribution with the bat as Pakistan cruised to a seven-wicket victory over Zimbabwe to complete a 2-1 series win on Monday.
China is now the most significant strategic concern in Washington, as in most of the world's capitals, especially the democracies. Today, strategic autonomy has acquired a sharper definition: To ward off the Chinese challenge to India's territorial integrity, sovereignty and regional stature, observes Shekhar Gupta.