The Australian share market has closed down for a second day as banks and tech stocks dragged on the market.

The benchmark S&P/ASX200 index recovered somewhat in the final minutes of trading to close down 6.5 points, or 0.1 per cent, to 6,665.7 points at 1615 AEST on Tuesday.

The broader All Ordinaries was down 7.3 points, or 0.11 per cent, to 6,750.1

The Aussie dollar is buying 69.54 US cents, from 69.86 US cents on Monday.