Equity benchmarks continued to be sluggish, with the Nifty trading below 9300, dragged by a fall in banks and metals.
The Sensex was down 238.66 points at 29887.55, while the Nifty was down 68.55 points at 9291.35. The market breadth was negative as 703 shares advanced against a decline of 2,027 shares, while 127 shares were unchanged.
Tata Motors, Axis Bank, Bank of Baroda and Hindalco, were top losers, while Asian Paints, Adani Ports, Indiabulls Housing and ACC gained the most.
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