The 30-share BSE Sensex closed at 20,165.86, down 94.72 points or 0.47 percent and the 50-share NSE Nifty fell 35.45 points or 0.58 percent to settle at 6,066.05.
Hindalco, Bharti Airtel, HUL, Sun Pharma were among the top gainers with 5.02 percent, 4.93 percent, 4.45 percent, 4.08 percent up respectively.
Wipro, Axis Bank, Sesa Goa, Jaiprakash Asso were among the losers with 4.52 percent, 2.81 percent, 2.73 percent, 2.52 percent down respectively.
Sensex trades in red zone; FMCG, Metal dip
At 14:8 pm, the benchmark Sensex shed more than 100 points on the back of profit booking after an index rallied 388 points. .
Infosys, Siemens, Power Grid, PNB, Reliance Communications and Ranbaxy Labs were the only gainers on Nifty. SBI and Reliance Industries were trying to support the markets.
The Sensex was trading at 20130, down 130 points and the Nifty was at 6054, down 46 points.
Top gainers were Oswal Chemical, Donear Ind, AVT Natural, Poly Medicure and Hind Industries shot up 14-20pc.
Top losers were Financial, FMCG, metal, oil & gas exploration, realty and capital goods.
Nifty hovers around 6k; TCS, Infy, RIL up
At 12:11 pm, the 50-share NSE Nifty was hovering around the 6100 level after a steep rally on Thursday, Oct 21.
Markets were supported by TCS, Infosys, Reliance Industries, SBI, Reliance Communications, ICICI Bank, PNB, BHEL, Ranbaxy
The Sensex was trading at 20289, up 28 points and the Nifty was at 6101, up 0.95 points.
The BSE Midcap Index was up 0.6pc and Smallcap up 0.75pc.
Nifty starts on +ve note; TCS soars
The benchmark Nifty opened the day on positive note with marginal gains.
At 9:32 am, the Sensex was trading at 20315, up 55 points and the Nifty was at 6111, up 10 points. While the CNX Midcap rose 48 points to 9483 and the BSE Smallcap Index went up 61 points to 10752.
TCS rallied over 5 pc and hit a market cap of Rs 2 lakh crore post strong performance in Q2. However, Wipro declined 4pc post disappointing numbers
Among the frontliners, ICICI Bank, Suzlon, Bharti Airtel and Reliance Communications were on buyers' radar.
Wipro, Ambuja Cement, ACC, ITC, Jindal Steel and Sterlite Industries were witnessing selling pressure.