The 30-share BSE Sensex closed at 17,223.01, down 103 points or 0.59 pc, after seeing an intraday range of 17,185.04-17,457.26.
The 50-share NSE Nifty fell 0.53 pc or 27.35 points, to settle at 5,114.45; it touched an intraday high of 5181.95 and low of 5102.65.
Buying in metal, realty and select technology stocks capped the losses to some extent. Sugar and banking stocks bucked the trend in the midcap space.
Asian markets ended higher. Shanghai rose 1.5 pc. Nikkei, Hang Seng and Kospi were up 0.6-1 pc. Straits Times and Taiwan Weighted were flat in trade.
Mkts continue positive; Sensex up by 64 pts
At 12:00 pm, the Sensex rose 64 points to 17,390 and the Nifty was up 22 points at 5,163. The broader indices gained 0.6 pc each as about 712 shares advanced while 535 shares declined on the NSE.
Buying in metal, technology, banking and auto stocks was helping the Nifty to stay above the 5,150 level.
In the banking space, ICICI Bank, SBI, Kotak Mahindra and Axis Bank were up 0.7-1 pc. Union Bank, Canara Bank and Bank of Baroda gained 0.2-0.5 pc. HDFC Bank and PNB were flat.
Technology stocks like HCL Tech, Wipro, Tech Mahindra and TCS went up 1.5-2.7 pc. Infosys was up just 0.24 pc. In the realty space, Unitech rose 3.26 pc and DLF up 1.61 pc.
Auto stocks like Apollo Tyres, Tata Motors, Maruti Suzuki, Hero Honda and Bajaj Auto gained 0.7-3 pc. However, M&M fell over 2 pc.
Sensex volatile; Tata Power, L&T dip
At 10:59 am, the Sensex was trading with volatility. Buying interest continued in banking, technology, metal, FMCG, realty and select power stocks.
However, selling in oil & gas, telecom and cement capped the gains. Tata Power, Suzlon, L&T and M&M were the other losers.
The Sensex rose 10 points to 17,336 and the Nifty was up 6 points at 5,147. The broder indices were also marginally in the green, up 0.4 pc each.
In the midcap space, IndusInd Bank, OnMobile Global, KGN Industries, Bajaj Hindusthan and Triveni Engg were up 4-6.5 pc.
Edelweiss Capital, EIH, PTC India, India Infoline and Dishman Pharma declined 2-3 pc.
In the smallcap space, Ajmera Realty, Smartlink Net, DCM Shriram Industries, Nagarjuna Agric and Shriram EPC gained 7-11pc.
Natco Pharma fell 10 pc and Merck was down 7.86 pc. Fem Care Pharma, Rico Auto and Shristi Infra lost 4 pc each.
Mkts open positive; Nifty trading above 5k
Markets opened on a positive note following positive global cues. Buying was seen in banking stocks, metal and technology.
At 9:56 am, the Nifty was up 21 point at 5,162 and the Sensex was up 71 points at 17,397. The CNX Midcap went up 38 points to 7,207. About 638 shares advanced while 120 shares declined on the NSE.
Among the frontliners, SAIL, Unitech, Cairn (near to Rs 300), Wipro, TCS, Infosys, HDFC, HUL, SBI and ICICI Bank were the gainers.
BPCL lost 3 pc. M&M, Tata Motors, Siemens and Hero Honda were the other losers.
However, Asian markets were trading higher. Shanghai and Nikkei were up 0.9 pc each. Hang Seng gained 0.6 pc. Straits Times, Kospi and Taiwan Weighted went up 0.2-0.3 pc.