The 30-stock benchmark Sensex ended 158 points down at 35,158, on Thursday, while Nifty 50 settled at 10,746, down 48 points led by a fall in IT, metal and financial stocks.
The annual wholesale price inflation fell to a 10-month low of 2.76 percent in January, as prices of fuel and food items softened, according to government data released Thursday.
Annual wholesale price inflation last month was lower than a provisional 3.80 percent rise in December. It was 3.02% in January last year
Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-US tariff talks amid reports the White House could extend the deadline for a deal.