The Nifty is down below 8100. The 50-share index is down 72.75 points or 0.9 percent at 8097.30 while the Sensex is down 246.12 points or 0.9 percent at 26389.63.
ICICI Bank, SBI, Tata Motors, BHEL and Tata Steel are losers while Dr Reddy's Labs and HDFC Bank are gainers in the Sensex.
The Indian rupee opened lower by 18 paise at 66.94 per dollar on Monday versus 66.76 Friday.
The Nifty50 slipped below its crucial support level of 8100 weighed down by losses in realty, power, oil & gas, capital goods, banks, and auto stocks.
The Indian rupee opened lower by 18 paise at 66.94 per dollar on Monday versus 66.76 Friday.
The Nifty50 slipped below its crucial support level of 8100 weighed down by losses in realty, power, oil & gas, capital goods, banks, and auto stocks.
The broader market declined in line with the benchmark indices with the BSE Midcap and Smallcap indices losing 0.85 and 0.72 per cent, respectively.
The Dow Jones Industrial Average fell 119.85 points, or 0.67 per cent, to settle at 17,865.34. The S&P500 index declined 19.41 points, or 0.92 per cent, to close at 2,096.07.
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