Indian equity markets closed sharply lower on Tuesday, with the benchmark Sensex shedding 893 points and the Nifty 50 ending the session more than 1% in the red.
The decline was broad-based but led by heavy selling in the information technology and metals sectors, which dragged down broader market sentiment.
This marks an extension of losses seen in previous sessions, where the Sensex had already slid more than 520 points.
The sell-off was exacerbated by weak global cues and a weakening rupee, which added pressure to foreign investor flows.
The Nifty 50 breached the critical 24,000 level, a technical support zone that has been closely watched by traders in recent sessions.
The breach signals growing risk aversion among domestic and international investors.
This marks an extension of losses seen in previous sessions, where the Sensex had already slid more than 520 points.