Market breadth favoured the declines on Tuesday Breaking their three-day rising spree, the domestic stock markets fell on Tuesday in line with weakness in broader Asia.
BSE benchmark index Sensex ended 300 points lower at 35,474 while the Nifty barometer of National Stock Exchange (NSE) settled at 10,656, 107 points or 1 per cent lower from its previous close.
Losses in the equity markets came a day after the outcome of a key meeting of the Reserve Bank of India (RBI) board.
The measures, announced to boost lending, failed to impress investors, amid expectations that their implementation will take time.
A selloff across sectors - led by IT and pharma stocks - dragged the indices lower.