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The Nifty 50 ended down 62 points at 17,894, while the S&P BSE Sensex fell 170 points to 60,092. Both benchmarks had risen over 0.5% intraday during the session.
Barring IT, PSU Bank and FMCG, all the other 10 major sectoral indexes declined with Finance, Media, Auto and Metal falling the most. PSU Bank rose 1.6% and IT 1.1%.
All top stock climbers were from the IT sector with Tech Mahindra adding 3% followed by HCL Tech, Infosys, Wipro and TCS with each gaining more than a per cent. Adani Enterprises and Axis Bank shed more than 2%.
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