Offloading long positions from operators in view of expiry of July-contract on Thursday, weak global cues, continuing geo-political tensions also affected the sentiment.
Weakness in the rupee against the dollar, as the domestic unit touched 61-mark after three months, was also the factor behind fall in share values.
Shares of capital goods, refinery, metal, power, realty, PSU, consumer durables, IT, auto and banking declined sharply on heavy selling pressure.
Small-cap shares also moved down on fresh selling from retail investors.
"The overall sentiment also remained downbeat after
The Sensex resumed higher at 26,173.47 and moved up to 26,181.83 but declined afterwards to 25,459.13 before ending at 25,480.84, showing a loss of 645.91 points or 2.47 per cent.
The NSE 50-share Nifty also fell by 187.85 points or 2.41 per cent to 7,602.60.
After taking a respite for a week, the Indian rupee continued its downslide and tumbled by
The Forex market was closed on
Importers and some banks bought dollars and short-sellers covered their positions on hopes of further hike in the dollar value after the US Fed recently trimmed its monthly economic stimulus by
Fresh selling by
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