Among the components of the S&P BSE BANKEX index, Bandhan Bank Ltd (down 7.4%), RBL Bank Ltd (down 7.36%),Axis Bank Ltd (down 5.03%),Federal Bank Ltd (down 3.61%),ICICI Bank Ltd (down 3.41%), were the top losers. Among the other losers were State Bank of India (down 2.81%), IndusInd Bank Ltd (down 1.82%), HDFC Bank Ltd (down 1.76%), Kotak Mahindra Bank Ltd (down 1.1%), and City Union Bank Ltd (down 0.14%).
At 13:48 IST, the S&P BSE Sensex was down 595.85 or 1.2% at 49028.91.
The Nifty 50 index was down 187.9 points or 1.29% at 14402.45.
The S&P BSE Small-Cap index was down 209.32 points or 1.12% at 18405.78.
The S&P BSE 150 Midcap Index index was down 84.27 points or 1.34% at 6203.13.
On BSE,828 shares were trading in green, 2033 were trading in red and 137 were unchanged.
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