The overall market breadth was negative as 1,989 stocks declined against 882 advancing ones, on the BSE.
Analysts said that there is some amount of decoupling between India and the rest of world backed by strong growth momentum.
The rupee fell because of fresh demand for dollar from importers.
The impact of Shinzo Abe's towering personality is such that even in death, Abe remains a polarising figure, asserts Dr Rajaram Panda.
Nikkei is one of the largest media houses in Japan.
India's sad export figure put pressure on the rupee
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
The rupee depreciated further by 7 paise to 65.12.
The rupee had gained by 50 paise or 0.75 per cent in two weeks.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election half-way through his term.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Nifty snaps 10-day winning streak
Sensex rises, Nifty ends at record high; RIL shares rally.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.