The BSE Sensex on Tuesday dropped 554.05 points to settle at 60,754.86 as selling was seen in Metal, Materials, Telecom and Realty stocks.
The Nifty of National Stock Exchange (NSE) too fell by 195.05 points to 18,113.05.
The Sensex registered the days high and low at 61,475.15 and 60,662.57 respectively.
The Nifty recorded days high and low at 18,350.95 and 18,085.90 respectively.