Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
BSE Sensex on Monday closed nearly 34 points higher at 26,350.17 with gains in realty, power, FMCG and oil & gas stocks amid sustained buying by domestic institutional investors.
Banks and realty among the most hit on account of high borrowing costs.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Markets surged in late trades to snap five-day losing streak led by bank shares.
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Foreign investment cap in insurance sector raised to 49 per cent.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
The 30-share Sensex ended 50 points lower at 28,112 and the 50-share Nifty declined 12 points to close at 8,531.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
Experts say lending rates won't come down significantly,as banks are grappling with NPAs
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
The rally in index heavyweight ITC has boosted the sentiment across the board.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
IIP for November 2015 and CPI for December 2015 will be announced today.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
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.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'The worst is over, but it may take a couple more years for the banking system to re-establish the growth process.' 'Banks are the major pillars in an economy's revival.' 'Without banking operations and lending, revival will not happen.'
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'