Among the components of the S&P BSE BANKEX index, IndusInd Bank Ltd (down 3.29%), Bank of Baroda (down 2.38%),Federal Bank Ltd (down 2.21%),State Bank of India (down 2.21%),ICICI Bank Ltd (down 2.01%), were the top losers. Among the other losers were Bandhan Bank Ltd (down 1.7%), AU Small Finance Bank Ltd (down 1.18%), HDFC Bank Ltd (down 1.12%), Axis Bank Ltd (down 1.09%), and Kotak Mahindra Bank Ltd (down 0.87%).

At 13:47 IST, the S&P BSE Sensex was down 621.97 or 1.03% at 59676.03.

The Nifty 50 index was down 181.5 points or 1.01% at 17775.

The S&P BSE Small-Cap index was down 188.87 points or 0.66% at 28249.7.

The S&P BSE 150 Midcap Index index was down 82.75 points or 0.92% at 8890.89.

On BSE,1348 shares were trading in green, 1995 were trading in red and 130 were unchanged.

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