The market continues to trade on a negative note, on the back of weakness in index heavy-weights like - auto, bank, energy, pharma, FMCG and IT.
So far, the 30-shares and 50-shares indices have touched an intra-day low at 26,588 and 8,053, respectively.
Currently, the BSE Sensex has dropped 114.68 points at 26,653.81 and the NSE Nifty has declined 44.15 points at 8,070.55.
The Oil & Gas, Power, FMCG, IT and Consumer durable indices are the other notable losers.
On the other hand, the BSE Metal index has gained 0.5 percent at 9,504 and the Capital Goods index has added 0.3 percent at 16,851.