Benchmark indices opened sharply lower as investors digested Union Budget 2018and focussed on more corporate earnings.
The 30-share BSE Sensex was down 270.47 points at 35,636.19 and the 50-share NSE Nifty fell 83.20 points to 10,933.70.
Axis Bank, Yes Bank, SBI, Indiabulls Housing Finance, Adani Ports, SBI, ICICI Bank, Kotak Mahindra Bank, Sun Pharma, Tata Steel and UPL were early losers.
Hindalco, HCL Technologies, Bajaj Auto and ITC were early gainers.
Nifty Midcap extended losses, falling 1.5 percent or 313 points.
Vakrangee, IDBI Bank, Jain Irrigation, Syndicate Bank, PNB, Canara Bank, JSW Steel, Ceat, VST Tillers and Titan Company were down 1-10 percent.
Missed call
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