Regarding employment, the manufacturing sector hiring remained broadly unchanged.
A reading above 50 indicates expansion while a one below this level means contraction.
Investors went looking for bargain in banking, oil and gas and auto stocks.
Service providers' confidence with regard to the 12-month outlook for business activity remained positive.
A reading above 50 indicates expansion, while a score below this mark means contraction
Manufacturing production growth eased in May, which combined with the slowdown in services resulted in a weaker increase in private sector output, the survey said.
The Sensex has now lost 878.32 points in six sessions -- its longest string of losses in six months.
On the employment front, services employment was unchanged in April.
It was the second straight week of gains for the benchmarks.
The breadth, indicating strength of the market was strong
A reading below 50 means contraction in the sector.
Sluggish rise in new business inflows and a cautious approach to costs reportedly led Indian manufacturers to shed jobs in September.
The Nikkei India Manufacturing PMI dipped from 50.3 in November to 49.1 in December.
The index went below the crucial 50 mark.
Out of 30 Sensex shares, 19 ended lower while 11 gained
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
Modi government needs to focus more.
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