Dragged by a disapointing Rail Budget and February Future & Option series expiry, market sentiment remained low. The Nifty ended down 48.10 points or 0.7 percent at 6970.60 and the Sensex was down 112.93 points or 0.5 percent at 22976.00.
About 888 shares advanced, 1561 shares declined, and 169 shares were unchanged.
ONGC, Sun Pharma, HDFC, Coal India and Hindalco were top gainers while SBI, GAIL, Tata Motors, ICICI Bank and L&T were losers.
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