Among boys, Ankush (66kg) was beaten 0-5 by Uzbekistan's Fazliddin Erkinboev in his last-four bout.
Vanshaj was also beaten 0-5 by Yernur Suyunbay of Kazakhstan in his summit clash.
M C Mary Kom (51kg) and Shiva Thapa (60kg) were among the prominent names assured of medals as the host nation continued to dominate the ring in the US $100,000 India Open boxing tournament for men and women, in Delhi, on Tuesday.
The 34-year-old, a five-time World champion and an Olympic bronze-medallist, struggled to connect clean punches against her taller rival and was even warned once for excessive bending.
Six-time World Championships gold medallist Mary Kom and former World Championships bronze medallist Gaurav Bidhuri staved off tough challenges in their respective weight categories to make the finals, at the 23rd President's Cup.
A summary of sports events and persons who made news on Thursday
World Championships bronze medallist Simranjit Kaur (60kg) and GeeBee Boxing silver medallist Dinesh Dagar (69kg) confirmed their places in the final, while Ankush Dahiya (64kg) and Ananta Pralhad Chopade (52kg) made it to the semi-finals.
Shrugging off their disappointing loss against Pakistan in the last game, India U-19 boys held their nerves as they eked out a three-wicket win against Sri Lanka with five balls to spare as they set up summit clash with arch-rivals Pakistan in the Asia Cup in Dubai.
Mary Kom had also won a gold medal at the India Open boxing tournament in May
A summary of sports events and sports persons, who made news on Saturday
Summary of sports events and persons who made news on Sunday
'I had to jump from the ninth floor, breaking through the glass. The timing went wrong and instead of landing on my feet, I landed on my head. People thought I was dead, but I stood up.'
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!