Sensex was down 48.39 points at 37,982.74, while Nifty was down 15.20 points at 11,331. About 1170 shares have advanced, 1259 shares declined, and 168 shares are unchanged.

SBI, Indiabulls Housing, HDFC, Adani Ports and Bajaj Auto were among major losers on the Nifty, while gainers were Power Grid Corp, Kotak Mahindra Bank, ITC, Hero Motocorp and Asian Paints.

Among sectors, PSU banks dragged 3 percent followed by auto, metal, pharma, while buying seen in the FMCG, energy, infra and IT.

Sensex was down 48.39 points at 37,982.74, while Nifty was down 15.20 points at 11,331. About 1170 shares have advanced, 1259 shares declined, and 168 shares are unchanged.

SBI, Indiabulls Housing, HDFC, Adani Ports and Bajaj Auto were among major losers on the Nifty, while gainers were Power Grid Corp, Kotak Mahindra Bank, ITC, Hero Motocorp and Asian Paints.

Among sectors, PSU banks dragged 3 percent followed by auto, metal, pharma, while buying seen in the FMCG, energy, infra and IT.