A less-than-expected easing of the monetary policy by the Reserve Bank Of India and the hawkish outlook given by it, subdued investor sentiments and led a barometer index of the Indian equities markets to provisionally close more than 660 points down on Tuesday.
The benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed the day's trade 661 points or 2.37 percent down.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed deep in the red. It was lower by 197 points or 2.34 percent at 8,236.45 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 27,890.73 points, closed the day's trade at 27,188.38 points (at 3.45 p.m.), down 660.61 points or 2.37 percent from the previous day's close at 27,848.99 points.
The Sensex touched a high of 27,902.53 points and a low of 27,146.68 points in the intra-day trade.