The 30-share benchmark index ended the trade at 25482.52 down by 381.95 points or by 1.48 per cent, while the NSE Nifty was at 7731.80, down by 105.75 points or by 1.35 per cent.
On the global front, Asian markets were trading lower. Meanwhile, European indices were trading in negative terrain.

InterGlobe Aviation Ltd said that the Competition Commission of India has levied a penalty of Rs 63.74 crores on the Company for breach of Section 3(1) read with Section 3(3)(a) of the Competition Act, 2002.
The stock ended the trade at Rs 1049, higher by 1.39 per cent on BSE. The stock touched an intra-day high and 52-week high at Rs 1067 during the trade.
Shares of GMR Infra rose 7 per cent on Wednesday after the company announced revision of power tariff for GMR Kamalanga Energy limited.
The stock ended the trade at Rs 14.28, higher by 7.29 per cent on BSE. The stock touched an intra-day high of Rs 14.77 during the trade.
Reserve Bank of India on Tuesday allowed foreign investors to raise their investment in Pipavav Defence and Offshore Engineering.
The stock ended the trade at Rs 63.70, higher by 1.19 per cent on BSE. The stock touched an intra-day high of Rs 63.90 during the trade.
The company has announced that it has completed the acquisition of the digital content management solutions business of US-based Akumina.
The stock ended the trade at Rs 658, lower by 0.16 per cent on BSE. The stock touched an intra-day high of Rs 668 during the trade.
Eros International Media, which has seen sustained selling pressure in the last few days, was locked at the upper end of the circuit filter.
The stock ended the trade at Rs 213, higher by 4.98 per cent on BSE. The stock touched an intra-day high of Rs 213 during the trade.
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