The NSE Nifty declined 104.75 points or 0.57 per cent to settle at 18,181.75.
"In response to weak global sentiments, domestic investors remained cautious as the US market grappled with recession concerns led by recent economic data indicating slowdown.
"The US retail sales figures for April reflected a decrease in demand, and ongoing debt ceiling negotiations further dampened market sentiment, Vinod Nair, Head of Research at Geojit Financial Services, said.
Among the Sensex firms, Kotak Mahindra Bank, Asian Paints,
In contrast, IndusInd Bank, ITC, Bharti Airtel, Maruti,
In Asia, Seoul and Tokyo markets ended in the green, while Shanghai and Hong Kong settled lower.
European markets were trading on a mixed note. The US market ended lower on Tuesday.
Foreign Institutional Investors (FIIs) were buyers on Tuesday as they bought equities worth Rs 1,406.86 crore, according to exchange data.
Meanwhile, global oil benchmark Brent crude dipped 0.12 per cent to USD 74.82 per barrel.
On Tuesday, the 30-share BSE benchmark had declined 413.24 points or 0.66 per cent to settle at 61,932.47. The Nifty went lower by 112.35 points or 0.61 per cent to end at 18,286.50.
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