New Delhi - India's benchmark Sensex shed more than 450 points, a loss of 3.48 per cent on Tuesday on heavy selling by funds and investors in blue-chip stocks.

The 30-share sensitive index lost 471.02 points and was trading at 13,054.97 points, paring gains of 430 points over the past two trading sessions.

The broader S&P CNX Nifty of the National Stock Exchange, also lost 133.95 points to dip below the 3,900 level at 3,896.05.

Market analysts said the trading sentiments turned negative ahead of a crucial meeting of left-wing parties to decide whether to withdraw support for the ruling UPA coalition over the India-US nuclear deal.

Declines on some leading Asian bourses also had a negative effect on the Sensex. (dpa)