Among the components of the S&P BSE BANKEX index, RBL Bank Ltd (down 5.6%), Kotak Mahindra Bank Ltd (down 5.44%),Axis Bank Ltd (down 5.05%),ICICI Bank Ltd (down 4.93%),IndusInd Bank Ltd (down 4.84%), were the top losers. Among the other losers were HDFC Bank Ltd (down 4.32%), State Bank of India (down 4.01%), Federal Bank Ltd (down 2.9%), and City Union Bank Ltd (down 2.15%).
On the other hand, Bandhan Bank Ltd (up 0.8%), moved up.
At 13:49 IST, the S&P BSE Sensex was down 1609.6 or 3.15% at 49429.71.
The Nifty 50 index was down 478.85 points or 3.17% at 14618.5.
The S&P BSE Small-Cap index was down 176.65 points or 0.87% at 20128.33.
The S&P BSE 150 Midcap Index index was down 106.34 points or 1.56% at 6695.09.
On BSE,923 shares were trading in green, 1897 were trading in red and 163 were unchanged.
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