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Most active securities in terms of value on Monday

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The NSE Nifty50, which closed above the psychologically important 10,000-point mark for the first time on July 26, slipped to below that level by the day's close.

The 50-issue Nifty too rose by 25.20, or 0.25 per cent to quote at 10,082.60.

On July 25, the Nifty climbed the 10,000-point mark for the first time in its nearly 22-year history.

The broader NSE Nifty ended 0.78 per cent lower at 9,978.55, its lowest close in two weeks.

The Sensex touched a high of 32,354.77 points and a low of 31,915.20 points during the intra-day trade.

Financial and consumer stocks were top contributors to the fall.

There were 376 advances, 1,252 declines and 312 unchanged stocks, indicating a negative breath in the market.

Volatility continued to plague Dalal Street as benchmark indices languished into the negative territory despite a buoyant outset in Tuesday's session. While at 9.30 AM the BSE Sensex was trading 0.08 per cent higher at 32,298 it soon lost initial steam and reversed gains. Analysts attributed the plunge in Indian shares to the market regulator asking stock exchanges to take action against 331 suspected shell companies.

The rupee opened at 63.77 against the United States dollar against Monday's close of 63.79.

"Concerns about valuations also weighed on markets".

Asian shares went flat on Tuesday as disappointing Chinese trade data clouded the otherwise upbeat outlook on global growth.

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