The index opened at 3,938.20 against previous day’s close of 3900.80.
APL Apollo shed 5.05% to drag the sector while Hindustan Copper declined 4.58%. Hindustan Zinc also was down 3.96%. State owned companies were also under pressure with NALCO under performing 3.33%, SAIL shedding 3.30% and NMDC down 3.18%.
Welspun Corp and Coal India also tumbled mora than 2% weighing on the index further.
The companies were bullish on Monday after base metal prices rose higher at Shanghai and London markets. However, on Tuesday, the Shanghai base metals, except for copper and zinc, closed lower. Zinc advanced 1.93%,, while copper rose 1.16%. Aluminium shed 0.23%, lead slid 0.3%, nickel dropped 0.11% and tin plunged 0.72%.