Financials stocks were trading in green, with the S&P BSE Finance index increasing 8.86 points or 0.1% at 8989.16 at 09:50 IST.
Among the components of the S&P BSE Finance index, ICICI Bank Ltd (up 7.79%), CSB Bank Ltd (up 2.71%), Axis Bank Ltd (up 1.36%), Canara Bank (up 1.26%), and Punjab & Sind Bank (up 1.11%), were the top gainers.
On the other hand, Indiabulls Housing Finance Ltd (down 7.12%), Multi Commodity Exchange of India Ltd (down 6.93%), and Shriram City Union Finance Ltd (down 5.62%) turned lower.
At 09:50 IST, the S&P BSE Sensex was down 293.43 or 0.48% at 60528.19.
The Nifty 50 index was down 116.8 points or 0.64% at 17998.1.
The S&P BSE Small-Cap index was down 855.23 points or 3.02% at 27481.08.
The S&P BSE 150 Midcap Index index was down 262.71 points or 2.96% at 8612.12.
On BSE,705 shares were trading in green, 2063 were trading in red and 149 were unchanged.
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