At 10:08 IST, the Sensex was down 311.70 points or 0.60% at 51623.18, and the Nifty was down 69.80 points or 0.45% at 15505.10. About 1607 shares have advanced, 909 shares declined, and 114 shares are unchanged.

Adani Ports, Tata Steel, JSW Steel, Shree Cements and Coal India were among major gainers, while losers were Tech Mahindra, ITC, Axis Bank, Wipro and HDFC.

Selling seen in the IT and banking names, while metals stocks were witnessing buying.

News Source:- MOneycontrol