The domestic benchmark indices ended lower on January 05.
Sensex ended 354.21 points lower at 71,731.42, whereas Nifty concluded 82.10 points down at 21,771.70.
Top losers on the Nifty included UPL, Bharti Airtel, Bajaj Finance, HDFC Life and Grasim Industries, while gainers were Tata Motors, Coal India, BPCL, Sun Pharma and Cipla.
On the sectoral front, bank, capital goods, Information Technology and FMCG down 0.3-0.9 percent, while auto, pharma, metal, oil & gas and realty up 1 percent each.