Benchmark Nifty fell for the third consecutive session today, dropping 91.05 points -- its biggest single day fall in three months -- to end at nearly two-week low of 9,030, hit by weak global cues.
Selling was seen in key banking, FMCG, auto and infra counters.
The market opened lower amid weak Asian cues following global concerns over US President Donal Trump's economic growth agenda.
Asian markets ended lower while European shares too were trading with losses.
The NSE 50-share Nifty index opened gap-down at 9,047.20 and hovered between 9,072.90 and 9,019.30 before finishing at 9,030.45 (its lowest closing since March 10), a fall of 91.05 points, or 1.00 per cent. It saw an intra-day movement of about 53.60 points.
Nifty had last declined by 106.10 points on December 2, 2016.
Sector-wise, PSU Bank fell 1.97 per cent, followed by FMCG (1.71 per cent), auto (1.60 per cent), bank (1.13 per cent), private bank (1.08 per cent) and infra (1.37 per cent).
The broader midcap index lost 1.21 per cent and small cap fell 0.67 per cent.
Key losers were Bharti Airtel (3.34 per cent), Tata Motors (2.92 per cent), ITC (2.80 per cent), ICICI Bank (2.59 per cent) and Hindalco (2.47 per cent).
A total of 1,192 scrips declined, 477 advanced, while 73 remained unchanged. Total securities that hit their price bands were 105.
Turnover in the cash segment declined to Rs 24,598.99 crore from Rs 29,314.61 crore yesterday.
A total of 10,889.31 lakh shares changed hands in 9,044,569 trades. The market capitalisation of NSE stood at Rs 11,733,606 crore.
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