The NSE Nifty index closed 101.36 points down at 21352.6, while BSE Sensex ended down 359.64 points at 70700.67.
On the other hand, Tech Mahindra Ltd.(down 6.11 per cent), Cipla Ltd.(down 3.37 per cent), Bharti Airtel Ltd.(down 2.48 per cent), LTIMindtree Ltd.(down 2.23 per cent) and SBI Life Insurance Company Ltd.(down 2.11 per cent) were among the top losers of the day.