Surrendering early gains, benchmark Sensex dropped 96 points to end at 36,009.84 as investors booked profits even as global equities rose.
The 30-share index opened on a strong note at 36,191.87, but failed to hold on its gains and settled 96.66 points, or 0.27 per cent, lower at 36,009.84. Intra-day, the gauge swung between 36,214.26 and 35,840.60.
The NSE Nifty too slipped by 26.65 points to close at 10,794.95.
The major losers on the Sensex included Indusind Bank, Tata Motors, TCS, Yes Bank and L&T.
Among the gainers were ITC, ONGC, Vedanta Ltd, Infosys, Axis Bank and HDFC.