The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Markets climb higher tracking global cues.
Short-term gains are always unpredictable.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
When big offers hit the market, broader indices corrected 2-4%
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
