A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading down 91 points or 0.32 percent during Wednesday's late afternoon trade session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down 30.85 points or 0.35 percent down at 8,692.45 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,766.87 points, was trading at 28,645.26 points (2.30 p.m.), down 91.12 points or 0.32 percent from the previous day's close at 28,736.38 points.
The Sensex touched a high of 28,806.97 points and a low of 28,581.38 points in the intra-day trade so far.
Healthy buying was observed in banking, metal and healthcare sectors. However, automobile, capital goods and information technology (IT) stocks came under selling pressure.
The S&P BSE banking index was up 152.09 points, followed by metal index which rose by 47.12 points, and healthcare index rose 40.43 points.
However, S&P BSE automobile index was down 114.55 points, capital goods index was lower by 83.59 points, and IT index fell 73.07 points.