Auto stocks were trading in the negative zone, with the S&P BSE Auto index falling 994.32 points or 3.26% at 29539.79 at 13:46 IST.
Among the components of the S&P BSE Auto index, MRF Ltd (down 6.79%), Balkrishna Industries Ltd (down 5.93%),Mahindra & Mahindra Ltd (down 4.41%),Hero MotoCorp Ltd (down 4.19%),Ashok Leyland Ltd (down 3.93%), were the top losers. Among the other losers were Cummins India Ltd (down 3.72%), Tube Investments of India Ltd (down 3.56%), Tata Motors Ltd (down 3.52%), Escorts Kubota Ltd (down 3.42%), and Uno Minda Ltd (down 2.8%).
At 13:46 IST, the S&P BSE Sensex was down 961.04 or 1.6% at 58972.97.
The Nifty 50 index was down 305.65 points or 1.71% at 17571.75.
The S&P BSE Small-Cap index was down 628.49 points or 2.1% at 29283.02.
The S&P BSE 150 Midcap Index index was down 221.94 points or 2.4% at 9020.62.
On BSE,912 shares were trading in green, 2507 were trading in red and 119 were unchanged.
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