Bajaj Auto, Suzlon Energy, Tata Steel and Reliance Power, whop among the top gainers, were at 2.12 percent, 0.82 percent, 0.60 percent and 0.19 percent up respectively.
Mah and Mah, Kotak Mahindra, Sun Pharma and ITC, who among the top losers, were at 5.12 percent, 4.97 percent, 4.75 percent and 4.05 percent down respectively.
Sensex shades over 200 pts
At 2:17 pm, the 30-share BSE Sensex fell 209 points to 18,240 and the 50-share NSE Nifty dropped 62 points to 5,464. The Nifty February futures were in discount.
Heavyweight Reliance Industries tumbled 2 percent followed by TCS, NTPC, Infosys, ITC, L&T and ICICI Bank with loss of 2-3 percent.
Among other largecaps, HDFC, Bharti and Wipro were down over 1 percent.
Nifty dips below 5550 level
The benchmark Nifty dipped below 5500 level, psychological important level, dragged down by profit booking after a moderate gain in previous session.
Heavyweights like Reliance Industries, TCS, NTPC, ITC, L&T, HUL, Bharti Airtel, ICICI Bank, DLF and Wipro were baffled with 1-2 percent fall.
At 12:12 pm, the BSE Sensex was at 18,252.00 down 197.31 points and Nifty was at 5474.10 down 52.65 points.
Market opens flat; Nifty looming around 5500 level
The last session of the week on Friday, Feb 4 the benchmark Nifty opened flat, the Sensex on Thursday added over 359 points, erased the streak of five consecutive session losses. The Nifty was looming around 5500 level and was struggling to hold the mark.
Wipro, DLF, ACC, Cipla (ahead of numbers), L&T, SBI, ICICI Bank, M&M, Hero Honda, NTPC and Jaiprakash Associates were among the frontliners and was witnessing selling pressure.
At 10:15 am, the BSE Sensex was at 18,407.44 down 41.87 and Nifty was at 5,529.85 up 3.10 points.