Benchmark index Sensex closed 22 points lower on Thursday on profit booking. Automobile, capital goods and consumer durables stocks came under selling pressure.
Sensex, which opened at 19,511.41 points, closed at 19,453.92 points, down 22.08 points or 0.11% from its previous close at 19,476.00 points.
The BSE Sensex touched a high of 19,520.51 points and a low of 19,335.72 points intra-day. The BSE midcap index was down 14.77 points, while the smallcap index was lower by 28.65 points.
The wider 50-scrip S&P CNX Nifty of the National Stock Exchange was also down 13.20 points or 0.22% at 5,916.40 points.
The BSE automobile index was down 87.89 points. The capital goods index ended 79.64 points lower and so did capital goods index, down 75.92 points.
However, the metals index rose 131.72 points, information technology (IT) index and technology, media and entertainment (TECk) index edged higher by 14.71 points and 11.63 points respectively.
Among the gainers were Hindalco Inds, up 2.59% at Rs.132.70; Jindal Steel, up 2.27% at Rs.470.80; Tata Steel, up 1.90% at Rs.431.40; Hindustan Unilever, up 1.55% at Rs.531.08; and Tata Consultancy Services (TCS), up 1.27% at Rs.1,248.40.
The major losers were Sun Pharma, 1.99% lower at Rs.746.45; Mahindra and Mahindra, down 1.68% at Rs.951.70; Bajaj Auto, down 1.37% at Rs.2,113.55; Wipro, down 1.32% at Rs.380.50; and Larsen and Toubro (L&T), down 1.02% at Rs.1,616.75.
Among other Asian markets, Japan's Nikkei was down 1.19%, while Hong Kong's Hang Seng was up 0.16%. The Shanghai Composite Index closed edged higher by 0.28%.
The European markets were trading flat. Britain's FTSE 100 was up 0.07% while the German DAX was trading lower by 0.09%. The French CAC 40 was down 0.02%.