Among the headline indices, the S&P BSE Sensex was down 150 points at 51,170 and the Nifty50 index gave up the 15,100 mark. PowerGrid, Tech Mahindra, Infosys, and Larsen & Toubro fell 1 per cent, each, and were the top Sensex laggards.
The Nifty sectoral indices were trading mixed, with gains in Nifty Metal index, up 0.6 per cent, offsetting the losses in Nifty Bank index, down 0.5 per cent.
In the broader markets, the S&P BSE MidCap and SmallCap indices were trading 0.4 per cent and 0.3 per cent higher, respectively.
A total of 330 companies, including Eicher Motors, Titan Company, GAIL India, Hindalco Industries, and Aurobindo Pharma are set to announce their quarterly earnings today.