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The 30-share BSE Sensex was down 106.94 points at 27094.55 and the 50-share NSE Nifty fell 28.95 points to 8308.95.
About 1424 shares declined against 915 advancing shares on Bombay Stock Exchange.
Associate banks of the state-run lender State Bank of India rallied sharply in noon trade. State Bank of Bikaner and Jaipur surged 8.4 percent, State Bank of Mysore up 11.7 percent and State Bank of Travancore gained 7 percent while SBI itself fell over a percent.
Associate banks of the state-run lender State Bank of India rallied sharply in noon trade. State Bank of Bikaner and Jaipur surged 8.4 percent, State Bank of Mysore up 11.7 percent and State Bank of Travancore gained 7 percent while SBI itself fell over a percent.
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