The BSE Sensex and the NSE Nifty closed the session in negative territory on Tuesday. The Sensex ended the day at 21,032.88, down 101.33 points or 0.48 per cent lower than its previous close.
The Nifty closed at at 6,241.85, down 30.90 points. This was 0.49 per cent lower than its close on Monday.
All the BSE sectoral indices with the exception of oil and gas and healthcare were in the red. The prominent losers were the realty (down 1.31), metal (1.36), consumer durables (0.75), banking (0.55), TECk (0.56) and IT (0.57) indices.
The top gainers on the BSE were Cipla, Dr Reddy's, Infosys, Coal India and Hero, while the top losers were Wipro, HUL, ICICI Bank, TCS and SSLT.
In Asia the Nikkei 225 extended its losses. It was down 3.08 per cent at 15,422, while the Hang Seng was down 0.43 per cent at 22,791 points.
Earlier in the day the Japanese markets tumbled as the yen hit a four-week high against the dollar on a weak US jobs report.
The European markets also took their cue from the US markets to trade lower in early trade. The FTSE was down 0.44 per cent while the CAC 40 was down 0.47 per cent. The German DAX was also down 0.63 per cent.
Overnight US stocks fell on weak earnings outlook for S&P 500 companies. The Dow Jones Index dropped 1 per cent to close at 16,257.94, while the S&P lost 1.26 per cent to close at 1,819.20.