Key indices Nifty50 declined over 30 points to trade below 18,100 levels, and the S&P BSE Sensex lowered over 150 points to trade at 60,755 levels.
Broader markets, too, fell in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.4 per cent. Volatility gauge, India VIX, meanwhile, climbed over 2 per cent.
All sectors nosedived into the sea of red, with Nifty IT, Nifty PSU Bank, and Nifty Metal indices dropped up to 1 per cent.
Among individual stocks, shares of Welspun Enterprises gained over 2 per cent after the board plans to mull share buyback on December 30.
Besides, shares of Ruchi Infrastructure rose over 1 per cent after the board plans to consider a proposal for raising funds on December 31.
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