Reuters Market Eye - The BSE Sensex fell more than 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 240 points while the broader Nifty fell 76 points at 11.42 am.
Among blue chip shares, Reliance Industries Ltd is down 3 percent, while HDFC Bank Ltd is down 3.5 percent.
Financial Technologies (India) Ltd's shares fall as much as 15 percent after its auditor said its audit of the company's fiscal 2013 results should not be relied upon.
(Reporting by Abhishek Vishnoi)