The two key equity benchmarks, Sensex and Nifty, on Monday opened lower in early morning trade tracking mixed global sentiments.
At 9.35 am, the S&P BSE Sensex slumped 355 points to 60,487, while the NSE Nifty50 was trading at 17,715, down 138 points.
On the 30-share Sensex platform, Tata Steel, Infosys, Nestle, Wipro, HCL, HUL were the prime losers. On the flip side, ITC, Axis Bank, IndusInd Bank, and HDFC Bank were the only winners.
In the broader markets, Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.3 per cent.
Sectorally, Nifty PSU Bank index was off to a positive start, while the Nifty Metal index was the worst hit as it lowered over 1 per cent.
Among individual stocks, shares of ITC gained over 1 per cent after the conglomerate posted 21 per cent YoY in profit at Rs 5,031 crore in Q3FY23. Besides, shares of SBI surged over 1 per cent after the public sector lender registered 8.5 percent YoY growth in standalone profit at Rs 14,205 crore in Q3FY23.