At close, BSE Sensex was trading 208.24 points or 0.33 per cent down at 62,626 and NSE Nifty was trading 54.30 points or 0.31 per cent down at 18,642.75.
Indian equity benchmarks on Tuesday plunged sharply, extending their fall for the third straight session dragged by losses in consumer and technology stocks.
Indian equity benchmarks on Friday finished in the red as losses in automobile and banking stocks offset gains in technology and index heavyweight Reliance Industries (RIL).
Indian equity benchmarks on Tuesday halted their three-day winning streak to settle lower as losses in banking and consumer durable stocks countered gains in metal and automobiles.