The Sensex is down 49.08 points at 28015.53, and the Nifty down 22.15 points or 0.3 percent at 8620.40. About 1361 shares have advanced, 1164 shares declined, and 177 shares are unchanged.
Coal India, Hero MotoCorp, Tata Steel, Bajaj Auto and Axis Bank are gainers while TCS, Asian Paints, Infosys, Reliance and GAIL are losers in the Sensex. Sun Pharma, BF Utilities, Just Dial, Cipla and Reliance were most active shares on BSE.
In the currency market, the Japanese yen weakened against the dollar in the afternoon session. The yen touched an earlier session high of 100.14 and overnight, it climbed to levels around 99.68 to the dollar before retreating. That compared with levels above 101.00 last week.