S&P Bombay Stock Exchange Sensex was down 193.09 points or 0.37 per cent at 52375, and the 50 stock NSE Nifty was down 61.40 points or 0.39 per cent at 15666.
Tech Mahindra was the top gainer, rising up 0.77 per cent, followed by Infosys, Tata Steel, TCS, JSW Steel, Dr Reddy's Labs, Hindalco, Bajaj Finserv, Divis Labs, Cipla and Adani Ports.
On the other hand, IndusInd Bank was the worst-performing stock, down with 1.1 per cent followed by Mahindra & Mahindra, Eicher Motors, Axis Bank, HDFC Bank, Bharat Petroleum, Reliance Industries, Shree Cements and ICICI Bank.
Broader markets were trading mixed as smallcap indices rose higher. Nifty smallcap 100 gained 0.10 per cent. Bank Nifty was down 0.92 per cent. India VIX was again soaring higher and gained 2 per cent.
On the global side in Asia, bourses in Shanghai, Seoul and Tokyo were trading in loses in mid-session deals, while Hong Kong was trading in green.