Indian equity markets ended the session down by nearly 0.4 per cent due to weak global cues.
Domestic sentiment was dampened on heavy selling in blue-chips due to risk aversion in global markets after gold and crude oil tumbled.
Traders also remained wary ahead of the RBI monetary policy review on Tuesday.
The Sensex ended down by 134.37 points at 28,559.62 and the Nifty fell by 32.35 points at 8,555.90 after hitting a record high of 8,623 in late morning trade.
Sectoral indices
Oil & gas index fell the most by 2.57 per cent, followed by power 2.25 per cent, metal 2.14 per cent and PSU 1.62 per cent, while consumer durables was the star-performer and was up 3.31 per cent, followed by IT 0.84 per cent, FMCG 0.69 per cent and TECk 0.46 per cent.
Gainers, losers
Hero MotorCorp (+3.69%), HUL (+2.75%), TCS (+1.89%), Axis Bank (+1.73%) and Maruti (+1.61%) were the major Sensex gainers, while the major losers were ONGC (-3.98%), Hindalco (-3.85%), BHEL (-3.25%) and Reliance (-2.94%) and Tata Power (-2.53%).
Global markets
Commodity and energy producers led European stocks lower after manufacturing slowed more than forecast from China to the euro area, while crude oil tumbled.
Stoxx 50 was down 18.31 points or 0.56 at 3,232.62, FTSE 100 fell 55.47 points or 0.83 per cent to 6,667.15 and CAC 40 shed 25.90 points or 0.59 per cent to 4,364.28.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.9 per cent, hitting six-week lows.