The Indian markets snapped two-day gaining streak and ended lower in a volatile session on November 21, with Nifty falling below 26,100 amid selling across the sectors.

On the back of weak global cues, the Indian indices opened lower and witnessed extended selling, however, despite mid-session buying, the market ended near day's low.

At close, the Sensex was down 400.76 points or 0.47 percent at 85,231.92, and the Nifty was down 124 points or 0.47 percent at 26,068.15.

For the week, BSE Sensex added 0.8 percent, and Nifty rose 0.6 percent.

Broader indices underperformed the main indices with BSE Midcap and Smallcap indices falling 1.3 percent each.

After hitting fresh record highs in the previous four sessions, the Nifty Bank index ended 0.81% lower at 58,867.70.

Except FMCG, all other sectoral indices ended in the red with capital goods, realty, PSU Bank, metal down 1 percent each.

In stock-specific action, Hindalco Industries share price slipped nearly 3% on reporting fire at Novelis plant in Oswego, New York, Max Financial Services shares fell 2% post block deal, Kotak Mahindra Bank shares ended marginally lower on stock split at 1:5, JSW Energy shares shed 4% on approval for corporate insolvency resolution plan for Raigarh Champa Rail Infra, Sealmatic India added 9% as shares trade ex-bonus today, M&M shares added nearly 1% after CLSA retain ‘outperform’ rating, IndusInd Bank shares rose 2% on terminating report of capital raising.

More than 80 stocks touched their 52-week high on the BSE, including GMR Airports, Bharti Airtel, Eicher Motors, SBI Life Insurance, Reliance Industries, M&M Financial, among others. 

On the other hand, more than 220 stocks hit 52-week low, including Thermax, KNR Construction, Vedant Fashions, CG Consumer, Bata India, Clean Science, SKF India, Sheela Foam, United Breweries, Deepak Nitrite, PCBL Chemical, Page Industries, among others.

The shares of Capillary Technologies made a weak debut on stock markets, listing at 3% discount Rs 560 apiece on BSE. However, the stock finished 5 percent higher at Rs 606.90, up Rs 29.90.