Benchmark market indices remain bearish as banking and financial services stocks drag.
BSE Sensex is trading at 46,821.63 down 588.30 points or 1.24%.
Nifty50 is currently trading at 13,803.45 down 164.05 points or 1.17%. Nifty Bank is trading down 0.77% at 30,051.20 while Mid-cap Index is down by 0.44%.
Axis Bank, Hero MotoCorp, SBIN, IOC and BPCL are the top gainers while HDFC Bank, Wipro, HUL, Kotak Bank and IndusInd Bank are the top losers.
Nifty PSU Bank, Financial Services and Realty stocks drag the most as all sectors trade in the red.
Out of 50 stocks traded on the NSE, 12 advanced and 38 declined.
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