The NSE Nifty index closed 108.75 points down at 24324.45, while BSE Sensex ended down 426.87 points at 79924.77.
On the other hand, Mahindra & Mahindra Ltd.(down 6.62 per cent), Tata Steel Ltd.(down 2.23 per cent), Hindalco Industries Ltd.(down 1.94 per cent), Tata Consultancy Services Ltd.(down 1.92 per cent) and Hero MotoCorp Ltd.(down 1.44 per cent) were among the top losers of the day.
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