HDFC, TCS, RIL, ITC and ICICI Bank dragged the Sensex by over 100 points.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
The Nifty had hit its third successive record high of 7,922.70 today.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
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 market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Sensex ends lower; govt schemes in focus.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
Sensex climbs higher at close, bluechip stocks in focus.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
The market direction will be guided by corporate earnings, especially the oil & gas companies, since they were responsible for earnings disappointment in the past quarter as well.
Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
Gains were led by index heavyweights with Reliance Industries contributing the most.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
The global economy may just be entering a new phase.
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.
Markets surged in late trades to snap five-day losing streak led by bank shares.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
Budget in the medium term aims to kick-start the investment cycle.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
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.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.