The National Stock Exchange (NSE) fell 98.40 points to 21,567.40.
The Sensex registered intraday highs and lows at 71,862 and 71,494.13 points, respectively.
The Nifty recorded intraday highs and lows at 21,677 and 21,556.70 points, respectively.
The Mid Cap eased 0.36 pc and the Small Cap by 0.02 pc.
In 30 scrips, 6 advanced while 24 declined.
The losers were JSW Steel by 2.95 pc to Rs 844.40, Wipro by 2.47 pc to Rs 457.55, Tata Steel by 2.19 pc to Rs 136.50, Infosys by 1.98 pc to Rs 1504.50, and Tech Mahindra by 1.96 pc to Rs 1252.90.
The gainers were ITC by 0.82 pc to Rs 474, Bajaj Finserv by 0.33 pc to Rs 1692.15, Hind Unilever by 0.24 pc to Rs 2619.90, and Sun Pharma by 0.12 pc to Rs 1257.95.
(With UNI inputs)