Market front line Indices continued to dim in the red after opening a positive start in the morning.
At 12.40-pm, the Sensex down-spiraled at 32040-level, down by 1677-points, while the NSE Nifty stood lower at 9383-level, down by 467 points in trade.
Hindalco, Tata Motors, Vedanta, Bajaj Finance and ICICI Bank were among major losers in the Nifty while Cipla, Bharti Airtel, Sun Pharma and Dr.Reddys were the only four gainers. Track the best stock tips today, top stock to buy updates from here.
Nifty Pharma index reflects in the green, up 1.60-percent, while Nifty Bank, Metal, Private bank, Financial Services, and Auto are the worst hit sectors.
Out of fifty stocks in the Nifty pack on the NSE, 4 stocks advanced and 46 declined.