A benchmark index of Indian equities markets Monday was trading 126.21 points or 0.43 percent down as banking stocks plunged.
Good buying was observed in health care and consumer durables sectors and selling pressure was seen in the banking and metal sectors.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 29,143.63 points, was trading at 29,056.74 points (at 09.27 a.m.) in the early session, down 126.21 points or 0.43 percent from the previous day's close at 29,182.95 points.
The Sensex touched a high of 29,158.57 points and a low of 29,024.92 points in the trade so far.
The S&P health care index gained by 112.10 points and the consumer durables index moved up by 91.62 points. However, bankex tanked by 230.65 points and metal index fell by 35.12 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 17.85 points or 0.20 percent down at 8,791.05 points.
