The Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1, while the Nifty dropped 31.20 points or 0.12 per cent to end at 24,981.95.

The Indian stock market is expected to open lower on Tuesday as the global markets faced significant sell-offs. The domestic equity benchmarks, Sensex and Nifty 50, will likely see losses, following the trend from Asian and US markets.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,885 level, a discount of nearly 100 points from the Nifty futures’ previous close.