Dabur India Ltd.'s share price hit an over four-year low, falling more than 7%.
Shares of Vodafone Idea Ltd. fell nearly 2% as investors began profit booking.
Bajaj Auto was the most affected, with its share price declining 2.89%.
The NSE Nifty Pharma index rose on Thursday, hitting an over one-month high, driven by relief across the sector as it was excluded from US President Donald Trump's new tariffs.