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At the close in NSE, the Nifty 50 lost 1.32%, while the BSE Sensex 30 index lost 1.40%.
The best performers of the session on the Nifty 50 were Britannia Industries Ltd (NS:BRIT), which rose 1.26% or 55.75 points to trade at 4,465.45 at the close. Meanwhile, Hero MotoCorp Ltd (NS:HROM) added 0.86% or 23.50 points to end at 2,770.85 and SBI Life Insurance Company Ltd (NS:SBIL) was up 0.30% or 3.75 points to 1,273.50 in late trade.
The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 3.98% or 42.35 points to trade at 1,022.75 at the close. Titan Company Ltd (NS:TITN) declined 2.64% or 68.40 points to end at 2,522.70 and Infosys Ltd (NS:INFY) was down 2.46% or 38.90 points to 1,540.50.
The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 0.08% to 1,000.70, NTPC Ltd (BO:NTPC) which was up 0.06% to settle at 172.05 and Mahindra & Mahindra Ltd. (BO:MAHM) which lost 0.12% to close at 1,284.55.
The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 3.98% to 1,022.70 in late trade, Infosys Ltd (BO:INFY) which lost 2.59% to settle at 1,539.40 and Titan Company Ltd (BO:TITN) which was down 2.57% to 2,523.35 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1264 to 634 and 50 ended unchanged; on the Bombay Stock Exchange, 2051 fell and 1382 advanced, while 120 ended unchanged.
Shares in Britannia Industries Ltd (NS:BRIT) rose to all time highs; up 1.26% or 55.75 to 4,465.45.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.58% to 13.73.
Gold Futures for February delivery was down 1.66% or 30.15 to $1,788.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.03% or 0.02 to hit $77.30 a barrel, while the February Brent oil contract rose 0.13% or 0.11 to trade at $82.81 a barrel.
USD/INR was up 0.33% to 82.75, while EUR/INR fell 0.22% to 87.90.
The US Dollar Index Futures was up 0.42% at 103.84.