Equity market indices are 1.50% down in morning trade, tracking weak global cues.
BSE Sensex is trading at 50,207.41 down 831.90 points or 1.63%.
Nifty50 is trading at 14,868.20 down 229.15 points or 1.52%. Nifty Bank is trading down 2.65% at 35,580.15 while Mid-cap Index is down by 0.51%.
Maruti, Sun Pharma, NTPC, Dr Reddys and Divis Lab are the top gainers while IndusInd Bank, HDFC, ICICI Bank, HDFC Bank and Axis Bank are the top losers.
Nifty Banking and Financial Services stocks drag the indices while Nifty Pharma (1% higher) is the only sector trading in the green.
Out of 50 stocks traded on the NSE, 15 advanced and 35 declined.
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