Benchmark Sensex is sliding by 135 points and NSE Nifty slipping below 8600 levels ahead of the Economic Survey due later this day.
The BSE Mid-cap Index is trading down 0.30% at 12962.11, whereas BSE Small-cap Index is trading down 0.33% at 13026.08.
Some buying activity is seen in FMCG, Telecom, Utilities, and Power indices while Industrials, Automobile, IT, Bankex, Consumer Goods, Consumer Durables indices are showing weakness on BSE.
Idea, Tata Power, ONGC, Bharti Airtel and Power Grid are among the gainers, whereas Infratel, Grasim, Gail, Coal India, Infosys and HCL Tech are losing sheen on NSE in the first trading hour.
The INDIA VIX is up 1.26% at 16.88.
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