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Energy majors Reliance Energy and NTPC fell 2.73 percent and 2.68 percent to Rs.1306.45 and Rs.190.55 respectively.

Real estate major DLF slipped 1.40 percent to Rs.674.75.

India's largest bank, the state-run State Bank of India declined 0.78 percent to Rs.1682.70.

Other stocks to end in the red were Tata Steel (down 2.65 percent at Rs.776.50), Maruti Suzuki (down 2 percent at Rs.745.95), Cipla (down 1.61 percent at Rs.226.15), ITC (down 1.16 percent at Rs.209.35), ONGC (down 1.04 percent at Rs.1032.30), Ranbaxy Laboratories (down 0.44 percent at Rs.475.30) and Grasim Industries (down 0.42 percent at Rs.2645.10).

Mahindra & Mahindra remained unchanged at Rs.630.05.

Among the sectoral indices, PSU and Metal were the worst performing counters, ending down 1.53 percent and 1.18 percent respectively. Except for IT (up 1.67 percent), FMCG (up 0.75 percent), TECk (up 0.44 percent), Consumer Goods (up 0.36 percent) and Bankex (up 0.35 percent), other counters ended in the red in a range of 0.80-0.07 percent.

The BSE Midcap and Smallcap indices fared poorly, ending down 0.88 percent and 0.67 percent at 7004.40 and 8741.01 respectively.

The BSE market breadth was overall negative as 1465 shares declined, 1266 shares advanced and 54 shares remained unchanged.

The broader 50-share S&P CNX Nifty index of the National Stock Exchange (NSE) fell 0.46 percent or 22.95 points to 4,999.85. The index touched the day's high of 5,072.70 and a low of 4,991.35.

"Investors are keeping away from taking fresh positions ahead of key results and the policy review," said Nikhil Thacker, vice president at Standard Chartered STCI Capital Markets.