Reuters Market Eye - The BSE Sensex fell nearly 1 percent on Wednesday as the expiry of September equity derivatives contract is seen weighing on shares at higher levels.
The BSE Sensex was down 155 points while the broader Nifty fell 48 points at 2.31 pm.
Among blue chip shares, Reliance Industries Ltd was down 3.16 percent, while HDFC Bank Ltd fell 3 percent.
Financial Technologies (India) Ltd's shares fell as much as 15 percent after its auditor said its audit of the company's fiscal 2013 results should not be relied upon.