The BSE Sensex and NSE Nifty slipped further amid volatility due to further fall in technology and metals stocks. Decline in private banks too added pressure on the market. The Indian rupee, which appreciated 30 paise in early trade today, declined 4 paise to 55.18 against the US dollar while Euro fell 0.53% to 1.2192 against the US dollar.
The BSE benchmark fell 66.43 points to 17,147.27 and the NSE benchmark was down 16 points to 5,211.35.
Country's largest software services exporters TCS and Infosys were down 2.7% and 2.2%, respectively.
Engineering and construction major by sales Larsen & Toubro declined 1.7%. Private sector lenders ICICI Bank and HDFC Bank dropped 0.4% each while rival State Bank of India gained 0.9%.
Top commercial vehicle maker Tata Motors tumbled over 2% after less than expected global sales numbers of Jaguar and Land Rover.
Power major NTPC and Tata Power were down 0.5% and 2%, respectively.
Metal stocks continued to melt down - Tata