The Bombay Stock Exchange Sensex on Tuesday fell 362.43 points to close at 31,388.39. The National Stock Exchange Nifty also slumped 116.75 points to 9,796.05. The domestic bourses were down following a weak start to the Asian market after North Korea fired a missile over Japan.

Wipro and Mahindra and Mahindra were the only gainers on the Sensex, while Tech Mahindra, Mahindra and Mahindra, Zee Entertainment and Wipro performed well on the Nifty. In the morning trade, the shares of oil refinery companies had performed well after the damage caused by Hurricane Harvey in Houston but they were down by the end of the day.

Among the top losers at the Sensex were NTPC, Sun Pharma, HDFC, Reliance Industries and Coal India. The five stocks that declined the most at the NSE were Bank of Baroda, NTPC, Hindalco Industries, Tata Power and Sun Pharma. All sectoral indices traded in the red.

All other Asian markets, except the Shanghai SE Composite Index, also fell on Tuesday. While the Hong Kong Hang Seng declined by over 98.28 points, the Nikkei 225 was down by over 87.35 points and the Taiwan TSEC 50 Index by over 29.41 points.

The rupee was at 64.0174 against the US dollar.