Benchmark indices ended sharply lower amid weak global cues, dragged by oil, banking & financials and infra stocks.
The 30-share BSE Sensex fell 272.93 points to 35,217.11 and the 50-share NSE Nifty declined 97.80 points to 10,671.40 while the Nifty Midcap index shed 277 points on weak market breadth.
About four shares declined for every share rising on the BSE.
Reliance Industries, ICICI Bank, HPCL, BPCL, IOC, Bajaj Finance, L&T ITC and Bajaj Finserv are top contributors to the Nifty’s loss.
HDFC Bank, Tech Mahindra and HCL Technologies outperformed.
Among others, Raymond, Arvind, Adani Enterprises, Reliance Communications, Reliance Power, IDBI Bank, CG Power, PFC, REC, Jet Airways, Jaiprakash Associates, NBCC, Manali Petrochemicals, KRBL, Syndicate Bank, Meghmani Organics, Delta Corp, Adani Power and Phillips Carbon Black declined up to 12 percent.
Mphasis, KPIT Tech, Cyient, Hexaware, Mindtree, Dabur, Godrej Consumer, Voltas and Havells gained up to 6 percent.
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