The market continued to see selling pressure with the Sensex falling 108.77 points to 25290.88 and the Nifty declining 36.70 points to 7722.10 ahead of first monetary policy of the RBI in financial year 2016-17. The broader markets too were down with the BSE Midcap and Smallcap indices slipping 0.2 percent each.
The market breadth was weak as about 916 shares declined against 732 advancing shares on Bombay Stock Exchange.
Adani Ports topped selling list on Sensex, down nearly 3 percent followed by ITC, Tata Motors, Bharti Airtel and GAIL with more than 1 percent loss while HUL gained 1 percent.
GLOBAL MARKETS
Asian markets were trading lower after global crude oil prices eased and overnight losses on Wall Street. Japan's benchmark Nikkei was down 2.2% while Straits Times and Hang Seng were down 1.4%-1.7%. However, China's Shanghai Composite was trading flat with positive bias.
US stocks ended lower on Monday after fresh orders for US factory goods in February declined while capital goods expenditure was lower than expected. The Dow Jones industrial average ended down 0.3% at 17,737, the broader S&P 500 eased 0.3% at 2,066 and tech-heavy Nasdaq settled 0.5% lower at 4,892.
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