The BSE Sensitive Index (Sensex) recorded its second straight fall closing at 3,612.53, down by 9.81 points.
However, the NSE S&P CNX Nifty Index ended with a gain of 2.10 points to end at 1,140.55.
PSU stocks were in the focus as the Cabinet Committee on Disinvestment is scheduled to meet on Thursday.
HOCL was up 19.96 per cent to close at Rs 28.55, Dredging Corp of India was up 13.56 per cent to close at Rs 360 and National Fertilisers was up 11.39 per cent to close at Rs 65.50 on hopes of early disinvestment.
Banking stocks also rose on hopes of a further consolidation in the banking industry. Bank of Baroda was up 5.03 per cent to close at Rs 134.80, Vijaya Bank was up 4.66 per cent to close at Rs 21.35 and Andhra Bank was up 4.20 per cent to close at Rs 33.50.
Other private sector banking stocks as Karnataka Bank was up 9.50 per cent to close at Rs 79.55 and Global Trust Bank was up 9.24 per cent at Rs 20.10.
Heavyweights such as Hindustan Lever and Reliance Industries played a big part leading to the fall in Sensex.
Pharma pivotals such as Dr Reddy
