Sensex closes half a percent lower as financials drag

Indian shares ended lower on Tuesday, snapping three sessions of gains, with lenders such as ICICI Bank Ltd and State Bank of India weighing on the indexes.

The broader NSE Nifty closed 0.52 percent lower at 10,633.30 while the benchmark BSE Sensex was down 0.61 percent at 34,949.24.

Nifty bank index ended 1.4 percent lower and the Nifty PSU bank index dropped 2.95 percent.

ICICI Bank closed 3.1 percent lower while State Bank of India fell 2.9 percent.