The broader NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
The BSE Sensex gained 104.63 points to end at 33,147.13, while the broader Nifty spurted 48.45 points to finish at 10,343.80.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Manufacturing, which constitutes around 80 per cent of the index of industrial production, grew 19.4 per cent in April against 0.4 per cent a year ago, according to official data released on Friday.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
Oil and gas sectot may not put up good numbers in Q4.
India's industrial production shrunk for the third straight month in December, dragged down by weak investment and consumer demand and pointing to continued sluggishness in Asia's third-largest economy.
A day before the Index of Industrial Production for August is to be made public, senior economists said on Monday that segments like capital goods -- which witnessed a production growth of 63 per cent in July against just 1.7 per cent a year ago -- will hopefully maintain the momentum.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.