Markets ended at record closing highs for the second day in a row on institutional buying.
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.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
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.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
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.
The Sensex ended lower on unfavourable cues.
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
The broader markets also ended lower in line with the benchmark indices
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Investors booked profits at higher levels with oil shares leading the decline
Markets end higher ahead of Fed outcome, China stimulus
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
This weakness is likely to continue in the near-term.
Investors accumulated quality stocks at valuable and attractive levels.
Auto stocks are weighing on the indices.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The rally in index heavyweight ITC has boosted the sentiment across the board.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
Sensex falls at close; metals, banks perform well.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Auto and realty shares were among the top Sensex gainers.
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.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Gains were led by index heavyweights with Reliance Industries contributing the most.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.