Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The Sensex ended lower on unfavourable cues.
Markets end higher ahead of Fed outcome, China stimulus
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.
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
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.
This weakness is likely to continue in the near-term.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
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.
Investors accumulated quality stocks at valuable and attractive levels.
Auto stocks are weighing on the indices.
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.
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.
Sensex falls at close; metals, banks perform well.
The rally in index heavyweight ITC has boosted the sentiment across the board.
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.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Gains were led by index heavyweights with Reliance Industries contributing the most.
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.
Nifty snaps 10-day winning streak
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
Sensex closed the day 416 points higher.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.