Benchmark NSE Nifty index fell 233.3 points to 17325.6 amid selling in frontline bluechip stocks.
However, stocks such as GVK Power Infra, Jindal Cotex, TCI Finance, Bombay Rayon and MBL Infra, touched their fresh 52-week low.
Overall, 8 shares traded in the green in Nifty50 index, while 42 traded in the red.
In the Nifty 50 index, HUL, Maruti Suzuki, Britannia, Apollo Hospital and Nestle India were among top gainers, while Tech Mahindra, Infosys, HCL Tech, JSW Steel and Hindalco traded in the red.
The BSE Sensex was trading 776.98 points down at 58056.89 at 10:04AM(IST).
Traders were seen piling up positions in Telecommunications, Defence, FMCG, InvIT and Agro Processing sectors, while selling was visible in Metals - Ferrous, Miscellaneous, Term Lending Institutions, Auto Ancillaries and Gas & Petroleum sectors.
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Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price