11:10 AM:  Sensex is down 237.93 points or 0.41% at 58227.96, and the Nifty shed 36.20 points

Market update at 11 AM: Sensex is down 237.93 points or 0.41% at 58227.96, and the Nifty shed 36.20 points or 0.21% at 17380.30.

JSW Steel, Tata Steel and Divis Labs are the top gainers while IndusInd Bank, Asian Paints and Infosys are the top losers.

Among the sectors, the metal index jumped 3 percent while the midcap and smallcap indices added close to a percent each.

 

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