Benchmark indices are trading lower with Nifty hovering around 10,700 level.
The Sensex is down 176.61 points at 35848.93, while Nifty is down 65.60 points at 10,714.90. About 410 shares have advanced, 1468 shares declined, and 77 shares are unchanged.
L&T, TCS, Kotak Mahindra Bank, HUL and Asian Paints are the top gainers on the Sensex.