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The broader Nifty of NSE dropped by 17.30 points or 0.17 per cent to 10,382.25. Apart from profit booking by participants in recent gainers, sustained foreign fund outflows dampened the sentiment, brokers said.
NTPC, ONGC, Power Grid, ICICI Bank, ITC Ltd, L&T, Dr Reddy's, Reliance Industries, Bharti Airtel, Infosys, SBI and Coal India fell up to 1.67 per cent. Meanwhile, foreign funds sold shares worth Rs 424.77 crore yesterday, the provisional exchange data showed.
In the Asian region, Japan's Nikkei rose 0.17 per cent, while Shanghai Composite Index shed 0.49 per cent and Hong Kong's Hang fell 0.65 per cent in early deals. The US Dow Jones Industrial Average ended 0.10 per cent higher on Monday.