Vedanta posted a 40.6% drop in its quarterly net profit, as continued weakness in commodity prices impacted its earnings from oil and gas and mining operations.
The S&P BSE Sensex ended the day 108 points, or 0.4 per cent, lower at 27,253 while the Nifty50 closed with losses of 27 points, or 0.33 per cent, at 8,233.
Britain's top share index fell for a second straight day on Tuesday, with cyclical shares losing ground on lingering concerns over economic growth in some countries.
Markets regulator SEBI will soon issue norms allowing e-commerce platforms to sell mutual fund products, among other measures, to boost the MF industry.