New Delhi: Markets ended on a negative note during on Thursday with the Nifty falling below the psychological level of 11,000 points in tandem with global cues after the US Fed raised interest rates for the third time this year.
Investors also turned cautious ahead of the September futures and options (F&O) contracts expiry.
The 30-share BSE index dropped 218.10 points or 0.60 percent to end at 36,324.17. The gauge had lost 109.79 points on Wednesday.
The 50-share NSE Nifty also fell 76.25 points or 0.69 percent to close below the 11,000-mark at 10,977.55.
Yes Bank emerged as the worst performer in the Sensex pack, plunging 9.14 percent.
Other laggards included Maruti Suzuki 3.68 percent, Tata Motors 3.32 percent, Axis Bank 2.79 percent, ONGC 2.49 percent, Kotak Bank 2.16 percent, HDFC Ltd 2.07 percent, ICICI Bank 1.87 percent, L&T 1.80 percent, M&M 1.66 percent, Sun Pharma 1.59 percent, Bharti Airtel 1.33 percent, IndusInd Bank 1.24 percent, Adani Ports 1.08 percent, Vedanta 0.48 percent, Hero Motocorp 0.42 percent and NTPC 0.39 percent.
TCS topped the gainers list by rising 2.16 percent, followed by Coal India 1.39 percent, Asian Paints 0.97 percent, PowerGrid 0.93 percent and Infosys 0.88 percent, among others.
The indices, though opened in the green as the rupee appreciated earlier after the government raised the import duty on 19 non-essential items on Wednesday in order to arrest its fall and to curb the widening current account deficit.
Meanwhile, domestic institutional investors (DIIs) bought shares worth a net of Rs 1,555.44 crore, while foreign portfolio investors (FPIs) sold shares worth a net of Rs 809.95 crore Wednesday, provisional data showed.