The BSE benchmark Sensex finally ended the day with small loss, after skipping up and down throughout the trading session on mixed global cues.

The Sensex closed 81 points lower at 10,898 after hitting an intraday high of 11,068 and low of 10,764, while the National Stock Exchange's 50-share Nifty settled the day, down 12 points at 3,365 from its last close.

In addition, BSE Mid Cap Index closed with loss of 5.77% at 3523.14 while, Small Cap Index closed with gain 16.83 points at 4,027.98.

Throughout the day, the market remained lower and session was choppy, amid the Reserve Bank's monetary policy announcement in which it reduced repo and reverse repo rates by 25 bps each to 4.75% and 3.25% respectively.

On the sectoral front, most of the selling was seen in major banking, capital goods, metal and auto companies. However, Reality, FMCG and Pharmaceutical stocks managed to gain favor from the market.

Losers from the BSE Sensex pack were Tata Steel (7.06%), ICICI Bank (6.51%), Hindalco Maruti Suzuki (5.38%), Tata Motors (5.18%), Sterlite Industries (4.21%), L&T Ltd (3.41%), SBI (3.13%), Reliance Infra (3.12%) and M&M Ltd (2.45%).

Gainers from the BSE Sensex pack were Bharti Airtel (5.35%), Hindalco (3.83%), Sun Pharma (3.15%), DLF Ltd (2.84%), Tata Power (2.41%), ITC Ltd (2.33%) and HDFC Bank (1.84%).