Sentiments remained cautious ahead of results of bluechip technology companies to be released on Tuesday amid weak Asian cues despite index major Reliance Industries bettering street estimates in its fourth quarter results announced last week.
Besides, shares of mid-cap and small-cap firms witnessed hectic selling.

The 30-share index was quoting 28,189.17 at 11:30 AM, showing a loss of 252.93 points, or 0.88 percent, from its last close.
The 50-share NSE Nifty also declined by 76.85 points, or 0.89 percent, at 8,529.15 at 11:30 AM.

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Major losers were Infosys at 2.52 percent, M&M (1.92 percent), Tata Motors (1.90 percent), Coal India (1.64 percent), Hero MotoCorp (1.46 percent), TCS (1.45 percent), HUL (1.40 percent) and Reliance Industries (1.28 percent).

Meanwhile, Foreign Portfolio Investors (FPIs) sold shares worth Rs 675.71 crore on last Friday, as per provisional data from stock exchanges.

Besides, Asian stocks traded lower on Wall Street on last Friday and the negative sentiment was triggered by a crackdown on margin lending in China.

Key benchmark indices in Hong Kong, Indonesia, Japan, Singapore, South Korea and Taiwan were down by 0.03-0.42 percent.

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