The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Most Asian markets ended with gains.
ONGC was the top performer while private banking major ICICI Bank extended gains
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Sesnsex ended the day flat on heavy selling pressure.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
Markets closed in the red on domestic worries.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Bank shares were the top gainers led by ICICI Bank.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
The BSE Midcap and Smallcap indices have performed better than the front-liners
The progress of the GST Bill in Parliament is also likely to remain in focus
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
The rally in most of these stocks is partly attributed to impressive financial performance.
Investors should avoid jumping from their current funds into those that have outperformed lately, advises Arnav Pandya, a certified financial planner.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Participants are eyeing the Bihar elections.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Wonder why corporate India is showering dividends?
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Pharma shares extended losses after the government's ban on combination drugs.