Among the components of the BSE Metal index, Jindal Stainless Ltd (down 4.37%), Tata Steel Ltd (down 4.3%),NMDC Ltd (down 4.07%),Jindal Steel & Power Ltd (down 3.93%),JSW Steel Ltd (down 3.85%), were the top losers. Among the other losers were Hindalco Industries Ltd (down 3.75%), Steel Authority of India Ltd (down 3.01%), Coal India Ltd (down 2.53%), National Aluminium Company Ltd (down 2.37%), and APL Apollo Tubes Ltd (down 1.29%).

At 13:46 IST, the BSE SmallCap was down 823.44 or 1.53% at 52852.48.

The BSE 150 MidCap Index index was down 270.84 points or 1.67% at 15961.94.

The Nifty 50 index was down 193.85 points or 0.78% at 24607.

The BSE Sensex index was down 480.98 points or 0.59% at 80862.48.

On BSE,936 shares were trading in green, 2906 were trading in red and 121 were unchanged.