The 30-share index Sensex was trading negatively as traders booked profits after a 300-point surge on Monday and the global euphoria over China's move towards a flexible currency died down.

The Sensex, which belled the day at 17,868.12, declined 106.39 points at 17,770.16 as against its last closure at 17,876.55.

In the meantime, the broad-based Nifty was trading 0.51% down at 5,326 as compared to its last closure at 5,353.3.

The BSE midcap index declined 0.11% and the BSE smallcap index remained down by 0.19%.

Metals scrips, which rallied in a handsome manner on June 21, confronted bulk of the selling pressure accompanied by IT scrips.

The overall breadth of the stock market was pessimistic as it saw 1,403 declinations as against 1,237 progressions.

Asian markets came under selling pressure due to profit booking after Monday's rally.

The Japanese Nikkei closed at 10,112.89, down 1.22%, whereas the South Korean Kospi marked its closure after shedding 0.47% at 1,731.48.

Hong Kong's Hang Seng was trading 0.23% lower at 20,864.67 points.

The Chinese Shanghai composite index too was quiet, though trading marginally up at 2,590.45, up 0.16%. (With Inputs from Agencies)