The Sensex is down 555.04 points or 2.1 percent at 25209.74 and the Nifty slips 175.35 points or 2 percent at 7647.65. Around 257 shares have propelled, 1523 shares declined, and 47 shares are unaltered.
Tata Motors is down 5 percent while Tata Steel, Vedanta and ICICI Bank are down 4 percent.
The Indian rupee picked up 9 paise in the early trade. It has opened at 66.15 per dollar against 66.24 a dollar in past session.
Tata Motors topped the selling list on Sensex, down more than 4 percent took after by HDFC Bank, ICICI Bank, HDFC, Infosys, Reliance Industries, Axis Bank, SBI and L&T with 1-3.6 percent misfortunes. However, Lupin, Cipla and Wipro avoided the loss, up 0.2-1 percent.
MCX GOLD M October contract was trading at Rs 26514 up Rs 105, or 0.40 percent. The GOLD M rate touched an intraday high of Rs 26525 and an intraday low of Rs 26451. So far 2157 contracts have been traded. GOLD M prices have moved down Rs 35, or 0.13 percent in October in this way.
Commodity Trading Tips Today
Sell MCX Gold @ Oct at 26750, Target 26500-380, SL 27870