Sensex down 200 points, Nifty slips below 9,050; PSU Bank index sole gainer

Tata Steel was the top loser on Sensex, pushing the S&P BSE Metal index down nearly 2%

The benchmark indices on Monday continued to trade lower tracking weak global gues after US President Donald Trump's failure on healthcare reform raised questions about his ability to push through tax cuts and fiscal spending to boost the economy.

At 12:22 am, the S&P BSE Sensex was trading at 29,200, down 220 points pointsm, while the broader Nifty50 was ruling at 9,037, down 70 points. 

The broader market outperformed with the S&P BSE Midcap down 0.2%, while the S&P BSE Smallcap was little changed. 

"Friday’s gain was limited, and was in line with expectations, and the next leg up