The BSE Sensex was down over 450 factors to 55,600-odd degree, whereas the NSE Nifty50 lingered under the 16,600-level.
Index heavyweight Reliance Industries was the most important laggard on the Sensex, down virtually 4 per cent after brokerages reduce earnings estimates of the corporate following its Q1 miss.
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Within the broader markets, the BSE MidCap and SmallCap indices had been marginally in crimson, down as much as 0.2 per cent every.
Sectorally, Nifty Financial institution, Financials, Metals had been notable gainers, whereas Auto, FMCG, Pharma, and Oil & Fuel held losses.
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