The market extended sell-off in morning trade with the Nifty breaking 7500 level, weighed down by HDFC group, pharma, FMCG, technology and metal stocks.
The 30-share BSE Sensex declined 146.07 points to 24658.21 and the 50-share NSE Nifty slipped 47.60 points to 7491.15.
Lupin remained top loser on Sensex, down more than 5 percent on Goa facility inspection by US health regulator.
HDFC, ITC, Sun Pharma, Wipro, Cipla, ONGC and GAIL were down 1-2 percent while SBI, ICICI Bank, L&T and Axis Bank gained 0.5-1 percent.
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