The 30-scrip Sensitive Index (Sensex) of the BSE shed 252.29 points or 0.82 per cent to provisionally close at 30,406.48 points (at 3.30 p.m.).
FMCG stocks hogged the limelight after the GST Council fixed rates for most of the items.
The 50-share NSE Nifty, too, maintained its bull run and touched a new peak of 9517.20.
In the Asian region, Hong Kong's Hang Seng rose 0.30 per cent, Shanghai Composite rose 0.12 per cent and Japan's Nikkei gained 0.19 per cent in early deals today. BSE mid-cap index falls 1.18 per cent and small-cap index slips 0.85 per cent.
Nasdaq closed in red, down by 2.64 per cent while FTSE 100 was down by 0.25 per cent at the closing on Wednesday. The BSE AUto index was down 1.2 per cent; Cummins India, Maruti Suzuki, Mahindra & Mahindra, Eicher Motors, MRF and Bosch were among the losers from this space.
Are you protected? How to avoid ransomware attacks
United Kingdom defense secretary Michael Fallon said Sunday that Britain's nuclear submarines were safe from cyberattack. In the case of WannaCry, the program encrypts your files and demands payment in bitcoin in order to regain access.
The Sensex resumed higher at 30,539.65 and advanced to 30,712.35. SBI's standalone net profit, not including contributions from subsidiaries, jumped to Rs. 2,815 crore for the three months to March 31 from Rs. 1,264 crore a year earlier.
Coal India rallied 2.62 per cent, followed by NTPC and PowerGrid. The BSE IT index was down 0.82 per cent; TS, Infosys, Wipro, Tech Mahindra, HCL Technologies, Hexaware and Tanla Solutions were among the losers.
Foreign portfolio investors (FPIs) were net sellers of Indian equities worth Rs 731 crore while domestic institutional investors ended up as net buyers of stocks worth Rs 615 crore according to provisional data published by the National Stock Exchange.
ITC Ltd is now trading at Rs 294.15, up by Rs 16.1 or 5.79% from its previous closing of Rs 278.05 on the BSE. Those moving out of the BSE 100 index are Union Bank of India, Jindal Steel & Power, Reliance Communications, Reliance Power, GMR Infrastructure, Bank of India, IDBI Bank, United Spirits, Hindustan Zinc, Federal Bank and Housing Development & Infrastructure.