The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Coal India was the biggest gainer on both Sensex and Nifty
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
The broader NSE Nifty, after cracking below the key 10,300-mark, touched a low of 10,211.25, before finally ending 134.75 points, or 1.30 per cent, down at 10,226.55.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Banks, real estate and metal scrips among the top losers.
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
Sensex is trading firm; FMCG, real estate going strong.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
Both the indices ended at their highest levels since February 1.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
Banks and realty among the most hit on account of high borrowing costs.
The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Markets climb higher tracking global cues.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
ITC, Infosys, Wipro and HDFC Bank among the major losers.
The rupee fell to a two-year low of 64.84 against the US dollar.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
The recovery was led by pharma majors led by Dr Reddy's Labs.
Markets snapped their 8-day winning streak.
Sesnsex ended the day flat on heavy selling pressure.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Markets closed in the red on domestic worries.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
The BSE Midcap and Smallcap indices have performed better than the front-liners