The Sensex was down 274.28 points or one percent at 25036.05 while the Nifty slipped 89.20 points or one percent trading at 7612.50.
BHEL, TCS, ITC, ONGC and NTPC were top gainers in the Sensex. Among the losers being Vedanta, Tata Steel, Lupin, Coal India and Cipla.
The closing witnessed benchmark indices sinking further of trade, with the Sensex down 282.86 points or 1.12 percent to 25027.47 and the Nifty down 90.05 points or 1.17 percent to 7611.65.