Indices fall further in afternoon trade as Pharma and IT stocks drag.
BSE Sensex is currently trading at 51,783.79 down 320.38 points or 0.61%.
Nifty50 is currently trading at 15,229.00 down 84.45 points or 0.55%. Nifty Bank is trading down 0.31% at 36,982.25 while Mid-cap Index is up by 0.42%.
Adani Ports, Hero MotoCorp, BPCL, SBIN and HDFC Life are the top gainers while Nestle India, Bajaj Finserv, Maruti, Asian Paints and Dr Reddys are the top losers.
Nifty PSU Bank and Media stocks are bullish while Pharma and IT stocks drag.
Out of 50 stocks traded on the NSE, 18 advanced and 32 declined.
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