The Indian market opened on a negative note on Tuesday, in line with global cues, after a rout in tech stocks inflicted a hefty sell-off on Wall Street.

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The BSE Sensex opened at 34,681 points and the NSE Nifty opened at 10,441 points, failing to maintain its 10,600-mark.

The oil marketing companies and the aviation firms inched up in the morning trade as the oil prices began to decline.

Jet Airways, despite posting a loss of more than a Rs 1,000 crore on Monday, was gaining in trade along with Interglobe Aviation and SpiceJet after the fall in the crude oil prices.

Coal India gained in trade after posting its second quarter results on Monday. The company's quarterly profit jumped more than eight-fold as the world's biggest coal miner produced more of the dry fuel.

Eicher Motors, however, lost in trade after posting a mild profit. The company on Monday reported 6 percent increase in consolidated profit after tax at Rs 548.76 crore in the second quarter ended September 30.

Global investors have also been concerned about a slowdown in China and the Asian region more broadly due to US tariffs on Chinese goods.

(With inputs from Reuters)