Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
Participants are keenly waiting for the January IIP.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Asian stocks sagged on Monday, with risk sentiment dampened as Shanghai shares wobbled after the Chinese markets resumed trading following a four-day long weekend.
Banks, real estate and metal scrips among the top losers.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Investors will remain cautious ahead of F&O expiry.
The breadth was neutral with 1,329 advances and 1,320 declines.
Expectations of continued stimulus withdrawal by the US Federal Reserve added to the market's gloom.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Markets ended in green on rate cut hope.
Sensex, Nifty end lower on global concerns.
Asset managers are betting big on ETFs these days.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
However, IT stocks fell on weak growth forecast by Gartner
Ends the August F&O series on a high tracking gains in RIL, HDFC and ITC.
The 30-share Sensex ended higher by 30 points.
Beijing did not announce expected policy support over the weekend
IIP for November 2015 and CPI for December 2015 will be announced today.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Sensex seems to be under pressure on weak cues.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
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.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Burham didn't set out to have such a big stake in Apple.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
Weakness in Infosys, L&T and Hindalco cap index gains.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
IT majors along with metal names Sesa Goa and Hindalco buck trend.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL