The National Stock Exchange (NSE) slid 238.25 pts at 21,817.45.
The NSE registered days high and low at 21,978.30 and 21,793.10 pts respectively.
Gaining 104 pts on Monday.
as the Sensex opened at 72462.94 fell 288 pts. During the day it was tumbled down 815 pts 71,933.35 day's low, before closing at 72012.05, sliding 736.37 pts from it previous close.
The stocks that dragged the market were IT by 2.66 pc, Technology by 2.36 pc, FMCG by 2.11 pc and Power by 1.94 pc.
The Mid cap declined 1.36 pc and Small Cap by 1.24 pc.
In 30 scrips, 7 advanced, while 23 declined.
The losers were TCS by 4.03 pc to Rs 3977.55, Nestle India Ltd by 3.37 pc to Rs 2496.65, IndusInd bank by 3.15 pc to Rs 1434.25, HCL Technology by 2.62 pc to Rs 1588.95 and Infosys by 2.52 pc to Rs 1561.95.
The gainers were Bajaj Finance by 1.38 pc to Rs 6592.25, Kotak Bank by 0.57 pc to Rs 1747.10, ICICI bank by 0.26 pc to Rs 1084.05 and Bharti Airtel by 0.23 pc to Rs 1227.85.
(With UNI inputs)