Sensex ends 205 pts lower; Nifty slips below 12,200

Market benchmark Sensex dropped 205 points on Tuesday, led by losses in auto, banking, metal and FMCG stocks amid a sharp fall in other Asian markets on concerns over a deadly virus in China.

After trading on a volatile note, the 30-share BSE index settled 205.10 points, or 0.49 per cent, lower at 41,323.81.

Likewise, the broader NSE Nifty fell 54.70 points, or 0.45 per cent, to 12,169.85.

Tata Steel was the top loser in the Sensex pack, shedding 3.01 per cent, followed by M&M, Maruti, Asian Paints, PowerGrid, ITC and Axis Bank.

On the other hand, Ultratech Cement, HDFC, Kotak Bank, ONGC and TCS ended with gains.