Mumbai: The sensex is off the days low and is currently down 198 points at 18197.
Earlier the Sensex touched its lowest in over 5 months at 18,038 in morning trades as Asian markets fell. Worries about the Egyptian turmoil spreading to other Middle Eastern countries dragged bourses as investors tried to avoid riskier assets
Similarly, the NSE 50-share Nifty was also down by 57.30 points, or 1.04 per cent, at 5,454.85 at 10.15am.
BSE Midcap Index was down 1.20 per cent and BSE Smallcap Index moved 1.19 per cent lower.
HDFC (-4.10%), Jaiprakash Associates (-3.54%), Bharti Airtel (-3.19%), Sterlite Industries (-2.67%) and TCS (-2.61%) were the top Sensex losers.
ONGC (6.69%), Reliance Industries (1.47%), BHEL (1.15%), HUL (0.75%) and Wipro (0.31%) were amongst the top gainers.
Market breadth was negative on the BSE with 1745 declines against 916 advances.
Crude oil extended Friday's rally over concerns that the unrest in Egypt would spread to crude-producing countries in the Middle East, hitting supplies.
Stock markets across Asia were in the red in early trade on Monday after riots in Egypt prompted a sell-off in risky assets over concerns that the trouble could spread to other Middle East countries.
The benchmark indices in Hong Kong, Indonesia, Japan, South Korea and Singapore were down by up to 2.77 per cent. However, China's Shanghai Composite index was a notable exception and was trading 1 per cent higher.
Earlier the Sensex touched its lowest in over 5 months at 18,038 in morning trades as Asian markets fell. Worries about the Egyptian turmoil spreading to other Middle Eastern countries dragged bourses as investors tried to avoid riskier assets
Similarly, the NSE 50-share Nifty was also down by 57.30 points, or 1.04 per cent, at 5,454.85 at 10.15am.
BSE Midcap Index was down 1.20 per cent and BSE Smallcap Index moved 1.19 per cent lower.
HDFC (-4.10%), Jaiprakash Associates (-3.54%), Bharti Airtel (-3.19%), Sterlite Industries (-2.67%) and TCS (-2.61%) were the top Sensex losers.
ONGC (6.69%), Reliance Industries (1.47%), BHEL (1.15%), HUL (0.75%) and Wipro (0.31%) were amongst the top gainers.
Market breadth was negative on the BSE with 1745 declines against 916 advances.
Crude oil extended Friday's rally over concerns that the unrest in Egypt would spread to crude-producing countries in the Middle East, hitting supplies.
Stock markets across Asia were in the red in early trade on Monday after riots in Egypt prompted a sell-off in risky assets over concerns that the trouble could spread to other Middle East countries.
The benchmark indices in Hong Kong, Indonesia, Japan, South Korea and Singapore were down by up to 2.77 per cent. However, China's Shanghai Composite index was a notable exception and was trading 1 per cent higher.
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