The 30-share benchmark index ended the trade at 24020.98, lower by 266.44 points, while the NSE Nifty was at 7298.20, down by 89.05 points.
On the global front, most Asian markets including those in China and Hong Kong were closed for the Lunar New Year holidays.
IntraSoft Technologies Ltd has said that it has raised Rs. 34.5 crores by selling 12,00,000 shares, at a rate of approximately Rs 288 per share.
The stock ended the day at Rs 315, lower by1.71 per cent on BSE. It touched an intraday low at Rs 305 and high at Rs 324 during the trade.
Mindtree, a leading digital transformation and technology services company has said that it has been selected by Sandvik, a global engineering group in tooling, materials technology, mining and construction, to foster its IT's service integration capabilities.
The stock ended the day at Rs 1475, lower by 3.41 per cent on BSE. It touched an intraday low at Rs 1475 and high at Rs 1525 during the trade.
Maruti Suzuki India Ltd (MSI) on Tuesday has reported a decline of 4.7 per cent in its January 2016 production at 1,15,782 units, as compared to 1,21,448 units during the same period last year.
The stock ended the day at Rs 3649, lower by 1.79 per cent on BSE. It touched an intraday low at Rs 3621 and high at Rs 3698 during the trade.
Punjab National Bank, India's fourth largest government owned bank today reported a sharp drop in net profits to Rs 51 crores. Net profits fell as much as 93 per cent, as the company made higher provisions.
The stock ended the day at Rs 87.85, lower by 6.89 per cent on BSE. It touched an intraday low at Rs 87.35 and high at Rs 94.30 during the trade.
The Company has posted a net profit of Rs. 1207.70 million for the quarter ended December 31, 2015 as compared to Rs. 1137.90 million for the quarter ended December 31, 2014.
The stock ended the day at Rs 241, lower by 11 per cent on BSE. It touched an intraday low at Rs 236 and high at Rs 277 during the trade.