Stock markets continue to trade with a negative bias. Sensex trades 110 points lower at 27,091 and Nifty slips 40 points to 8,300. The market is dragged down by infrastructure, PSU and Capital goods stocks.
Tata Motors, Asian Paints, Hero Motorcorp, CIPLA, Lupin, Bajaj Auto and Powergrid are among the gainers while Bharti Airtel, ICICI Bank, ONGC, Adani Ports and Gail were the early losers.
Oil Prices also fell more than $2 a barrel as well while the Rupee was also down by 10 paise to 67.49 per dollar.