Key Benchmark indices continue the losses with Nifty around 11,750 level through mid-morning, Monday. At 11:00am, the Sensex is down 212.97pts at 39,239-level while Nifty is down 72pts at 11,751-mark.
TataSteel, IOC, JSW Steel, BPCL and Vedanta were among top losers on the Nifty, while Yesbank, Indiabulls, M&M and Wipro led the loss.
Shares of Reliance Infrastructure slipped over 10% after company reported a net loss of Rs3301crore in the Q4 of 2018-19, its biggest ever loss. At 10.51am, the stock price was trading at 55.45per share, down 6.26%t from its previous close.
Among stocks, Shares of Shriram Transport Finance Company falls s 4.18% after 10pc equity share exchange on National Stock Exchange.
Shares of NDTV slips 1%after Sebi takes action against capital raise.
Shares of Mahindra and Mahindra (M&M) rose 0.56% at Rs640.85per share after it acquires 11.25pc stake GamayaSA for Rs30-crore.