Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
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%.
Sensex, Nifty have lost about 6%, against 0.5-5% decline in other key Asian indices.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Sensex ends lower; govt schemes in focus.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
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.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
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.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
The global economy may just be entering a new phase.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
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%.
Markets surged in late trades to snap five-day losing streak led by bank shares.
Investors booked profits at higher levels with oil shares leading the decline
Sensex lacklustre, bluechips in focus.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
Sensex ended strong, Tata Steel, HUL climb higher.
For the seven months since February 2014, the benchmark index surged nearly 27%.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
FIIs pump in Rs 2,075 crore in past three trading sessions.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.