The BSE Sensex on Tuesday dropped 78.22 pts at 65,945.47 as selling was witnessed in IT, Bankex, Technology and Health Care stocks.
The Nifty of National Stock Exchange (NSE) declined 9.85 pts at 19,646.70.
The Sensex opened higher at 66,071.63, up 43 pts. During the day it was surged 54 pts at 66,078.26, days high. Later, it went in red and slipped 159 pts at 65,865.63, days low, before closing at 65,945.47, fell 78,22 pts from its previous close.
The stocks that dragged the market were IT by 0.46 pc, Bankex by 0.45 pc, Technology by 0.36 pc and Health Care by 0.15 pc.
The losers were Tech Mahindra by 1.30 pc to Rs 1282.10, Infosys by 1 pc to Rs 1460.05, Asian Paints by 0.89 pc to Rs 3293.85 and ICICI Bank by 0.85 pc to Rs 948.36.
The gainers were Nestle India Ltd Ltd 1.45 pc to Rs 2292.70, Tata Steel by 1.18 pc to Rs 128.85, M& M by 0.67 pc to Rs 1599.65 and Bajaj Finance by 0.52 pc to Rs 7860.25.
The Mid Cap declined by 0.09 pc while Small Cap rose by 0.33 pc.
In 30 scrips, 16 advanced while 14 declined.
(With UNI inputs)