The Bombay Stock Exchange benchmark Sensex on Tuesday tanked over 253 points in early trade as foreign funds pressed fresh selling in line with weak global markets after the Royal Bank of Scotland posted the largest loss in the UK history.

The 30-share barometer, which had gained 5.98 points yesterday, lost 253.89 points to 9,075.68 in early trade with all the sectoral indices trading in negative territory with losses up to 2.96 per cent.