NEW DELHI: Domestic equity market snapped three-day winning streak on Tuesday as BSE Sensex lost 227.80 points or 0.68 per cent at 33,228 and Nifty50 closed at 10,240.15, down 82 points or 0.80 per cent.

Consumer and financial stocks took a beating with index heavyweights such as HDFC Bank (down 1.88 per cent), ITC (down 1.56 per cent), ICICI Bank (down 1.30 per cent) being top drags.

Rising oil prices too hit market sentiment with energy stocks ending the day in red. Shares of Hindustan Petroleum (down 3.98 per cent), GMDCT (down 2.97 per cent), BPCL (down 2.57 per cent), Coal India (down 2.45 per cent) and IOC (down 2.24 per cent) were the top losers.

Nifty Realty emerged as the top sectoral loser, ending the day at 317.80, down 1.56 per cent. All other sectoral indices echoed the bearish sentiment to end in the negative zone as well.

BSE Midcap index ended the day 173 points or 1.01 per cent lower at 16,933.29 with stocks such as Mahindra & Mahindra Finance, Ashok Leyland, UBL, Tata Global Beverages, SRTC, GMR Infra losing up to 4 per cent.

Smallcap stocks such as Repro India, Mawana Sugars, WPIL, Fortis, Star Paper, Indian Acrylics lost up to 9 per cent causing the BSE Smallcap index to end the day 124 points or 0.68 per cent lower at 18,127.92.

On the other hand, shares of Dr Reddy's Laboratories advanced 2.83 per cent to Rs 2,255.60 after the company said its recently USFDA audited plant in Hyderabad has received establishment inspection report (EIR) from the US drug regulator

Globally, China stocks fell as investors remained worried over whether China's central bank would follow the US Federal Reserve, which is widely expected to raise interest rates this week. The blue-chip CSI300 index was down 1.32 per cent, Reuters reported.