Indian benchmark indices ended lower in a volatile session on the June derivatives expiry day, with the Nifty closing below the 23,900 mark amid broad-based selling across sectors, barring pharma, realty and consumer durables.

After opening on a firm note, the benchmarks erased their early gains within the first hour of trade and oscillated between gains and losses for most of the session. Selling pressure intensified in the final hour, dragging the Nifty to an intraday low of 23,829.20 and extending losses for a second straight session, as investors booked profits across heavyweight stocks.

At close, the Sensex was down 249.70 points or 0.33 percent at 76,478.67, and the Nifty was down 80.50 points or 0.34 percent at 23,865.75.

The broader indices outperformed the main indices with Nifty midcap index surging 0.4 percent, and smallcap index adding 1 percent.

Among sectors IT index fell 2.5%, FMCG down 0.4%, while PSU Bank and media fell 0.7% each, on the other hand, consumer durable and realty indices rose more than 1% each.

Biggest Nifty losers were Eicher Motors, Infosys, Tata Consumer, TCS, Wipro, while gainers were Maruti Suzuki, Titan Company, Adani Enterprises, Bajaj Finance and Tata Motors Passenger Vehicles.

Nearly 160 stocks touched their 52-week high on the BSE, including Capri Global, Gland, Ather Energy, GMR Airports, Gujarat Fluorochemicals, Phoenix Mills, Krishna Institute, Nuvama Wealth, Radico Khaitan, Caplin Labs, Federal Bank, Welspun Corp, Zydus Wellness, ACME Solar, Honasa Consumer, Sai Life Sciences, Aditya Infotech, Zydus Life, and Anand Rathi, among others.

Among individual stocks, Genus Power Infrastructures tumbled 6% after a 2.90% equity stake worth Rs 267.5 crore changed hands in block deals. Kalpataru Projects International gained 1.5% after the company secured new orders worth Rs 2,957 crore, while SIS declined 4% after its board approved a share buyback proposal worth Rs 120 crore.

Crest Ventures advanced 1% after signing a development agreement for the Dadar redevelopment project, while Magellanic Cloud rallied nearly 8% after receiving Letter of Intent from Manappuram Finance and Transformers and Rectifiers India shares surged 6.5% on winning more than Rs 1000 crore order from Power Grid.

Meanwhile, Shilpa Medicare climbed 4.5% after its subsidiary entered into a supply agreement with Orion Corporation, Finland, and Jagsonpal Pharmaceuticals surged 3% after the company signed an agreement to acquire an 85% equity stake in Aequitas Healthcare. Maruti Suzuki shares added 5% after Jefferies upgrades rating to 'buy' and raises target price to Rs 16,500.

The Indian rupee extended its losing streak for a second consecutive session, settling 13 paise lower at 94.66 against the US dollar on Tuesday, compared with the previous close of 94.53.