Sensex drops by 216.70 points to end the day at 63,167.88 while Nifty closed at 18,755.25, down 70.75 points.
Bajaj Finserv, Larsen & Toubro, Titan, Dr Reddy’s Laboratories and UltraTech Cement were the top gainers while Hero Motocorp, HDFC Life, IndusInd Bank, NTPC and Adani Ports lost the most.