Reuters Market Eye - Shares in Sesa Sterlite fell as much as 3.24 percent, adding to their 1.2 percent fall in the previous session, as iron ore prices posted their biggest one-day drop in over four years on Monday.
Sesa is India's largest private sector iron ore exporter.
Sesa shares are down 11.3 percent so far this year, widely under-performing the Nifty's 3.6 percent gain.
(Reporting by Indulal P)