The CNX Nifty is currently trading at 5,819.10 down by 32.10 points or 0.55% after trading in a range of 5,863.80 and 5,791.75. There were 11 stocks advancing against 39 declines on the index.
The only gainers of the Nifty were Maruti Suzuki up by 1.47%, Hindustan Unilever up by 0.62%, BHEL up by 0.56%, SBI up by 0.51% and Ambuja Cement up by 0.45%.
On the flip side, Axis Bank down by 2.19%, Bharti Airtel down by 2.17%, GAIL down by 2.06%, Tata Motors down by 1.81% and HDFC Bank down by 1.65%, were the major losers on the index.
Most of the Asian equity indices were trading in the red; Hang Seng declined 118.21 points or 0.52% to 22,438.44, Jakarta Composite tumbled 64.35 points or 1.33% to 4,771.09, KLSE Composite dipped 4.33 points or 0.26% to 1,641.89, Straits Times slipped 9.20 points or 0.28% to 3,279.90, KOSPI Composite dropped 7.38 points or 0.37% to 1,991.86 and Taiwan Weighted was down by 36.10 points or 0.45% to 7,959.14.
On the other hand, Shanghai Composite rose 3.15 points or 0.14% to 2,267.12 and Nikkei 225 was up by100.32 points or 0.82% to 12,339.98.