The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The yellow metal is a safe bet in the long run.
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
Indian equity markets registered their highest single-day percentage gains since early October.
Bombay Stock Exchange Sensex closed 30 points lower at 21,140 levels.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
Benchmark indices finished higher on hopes of economic reforms
Asian emerging market stock prices did see a bounce post Fed-talk.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
Sensex, Nifty end lower on global concerns.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
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%.
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
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.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
