Benchmark NSE Nifty closed 176.3 points down at 17646.0 amid selling in frontline bluechip counters.
However, stocks such as Quadpro ITeS Ltd., Inventure Grwth, Krsnaa Diagnostics Ltd. and Shrem InvIT, touched their fresh 52-week lows.
Overall, 9 shares ended in the green in Nifty50 index, while 41 closed in the red.
In the Nifty 50 index, ONGC, Tata Consumer, UPL, Britannia and HDFC Bank were among top gainers during the day, while SBI Life, Hindalco, IndusInd Bank, JSW Steel and Tata Steel ended in the red.
The BSE Sensex closed 555.15 points down at 59189.73.
Traders piled up positions in Tea / Coffee, Diversified, Auto Ancillaries, Industrial Equipment and Tourism & Hospitality sectors, while selling was witnessed in Learning & Education, Textiles, Petrochemicals, Telecommunications and Power sectors during the day.