The Indian share market benchmarks Bombay Stock Exchange Sensex and broader NSE Nifty 50 began Wednesday’s trade flat but dived deep into the red minutes into the day’s trade.
BSE Sensex fell 0.30 percent or over 200 points to trade bear 61,500 while Nifty 50 declines 0.48 percent hovering around 18,300 in the initial deals.
BSE Sensex was down 55 points or 0.089 percent at 61,661 while Nifty 50 fell 29 points or 0.16 percent at 18,389.
Bank Nifty and broader markets was down in red. Midcap and Smallcap indices was down more than 2 percent and 3 percent, respectively.
Bharti Airtel is the top gainer on Sensex, up 4.21 percent, followed by SBI, Infosys, Ultratech Cement, Tech Mahindra, HCLTech and Power Grid.
Titan Company is the worst performer stock in Sensex, fell 1.95 percent, followed by Bajaj Auto, Tata Steel, Maruti, ITC and Nestlé India.
In the global equity market, the Asian indices, bourses in Hong Kong, Shanghai and Tokyo were trading on a positive side in mid-session deals, while Seoul was trading in losses.