At 4:10 pm, the BSE Sensex was at 20,290.30 down 208.42 points and Nifty was at 6078.45 down 67.90 points.
Top gainers were HCL Tech up 2.43 percent, Sesa Goa up 1085 percent, GAIL up 1.58 percent and HUL up 1.50 percent.
Top lossers were Bajaj Auto down 3.87 percent, Hero Honda down 3.84 percent, DLF down 3.36 percent and IDFC down 3.26 percent.
Nifty struggles around 6100 on -Ve bias
NSE Nifty continued trading with a negative bias as it hovered around 6100 mark.
At 1:21pm, the Sensex was down 94.33 points or 0.46 percent at 20404.39, and the Nifty was down 36.75 points or 0.60 percent at 6109.60. About 1152 shares advanced, 1634 shares declined, and 392 shares remain unchanged.
Jindal Saw, KGN Industries, EID Parry, Glodyne Techno and Hindustan Constructions, who among the top gainers in midcaps, were up 3-7 percent.
Fame India, Transformers, Indo Tech Transformers, Jamna Auto and Welspun India, who among the top gainers in smallcap, were up 6-14 percent.
Nifty touches 6100; Sensex loses 150 pts
Citing the sell-off in the shares of financial, metal, telecom, realty, Reliance, ONGC and Infosys', Nifty touched 6100-mark and Sensex lost 150 points on profit booking.
At 11:44 am, the 30-share BSE Sensex fell 125 points to 20,373 and the 50-share NSE Nifty was trading at 6,100, down 46 points.
ONGC, Infosys, Bharti, L&T and BHEL, who among the heavyweights, declined one percent each.
However, indices were getting support from Reliance Industries, TCS, Wipro, Sun Pharma, Tata Power, Hindalco, M&M, JSPL, Jaiprakash Associates and Dr Reddy's Labs.
Asian cues dip; Nifty begins on -Ve note
Following weak Asian cues and profit booking, NSE Nifty began its trading on Wednesday, Jan 5 on a negative note.
Shares of companies like financial, auto and metal (fall in CRB index on Tuesday) were down while heavyweights like Reliance Industries and L&T were supporting on the very beginning of trading.
At 9:58 am, the 30-share BSE Sensex fell 60 points to 20,438 and the 50-share NSE Nifty slipped 24 points to 6,121.
HUL, ICICI Bank, SBI, HDFC, HDFC Bank, Sterlite Industries, Bharti Airtel, NTPC, SAIL, Wipro, Infosys, Maruti, M&M, Hero Honda and Bajaj Auto, who among te frontliners, were on selling pressure.
However, L&T, TCS, HCL Tech, Reliance Industries, Jaiprakash Associates and BPCL were on buyers' radar.