Among the components of the BSE Industrials index, Aeroflex Industries Ltd (down 12.19%), Zen Technologies Ltd (down 10.06%),Advait Energy Transitions Limited (down 10%),NIBE Ltd (down 9.55%),Hariom Pipe Industries Ltd (down 9.21%), were the top losers. Among the other losers were Universal Cables Ltd (down 8%), ISGEC Heavy Engineering Ltd (down 7.46%), Dhunseri Ventures Ltd (down 7.23%), KEI Industries Ltd (down 6.87%), and Kirloskar Industries Ltd (down 6.82%).

On the other hand, Kennametal India Ltd (up 7.11%), Timken India Ltd (up 4.46%), and Beekay Steel Industries Ltd (up 1.5%) moved up.

At 13:46 IST, the BSE SmallCap was down 1715.47 or 3.5% at 47319.41.

The BSE 150 MidCap Index index was down 433.15 points or 2.97% at 14167.84.

The Nifty 50 index was down 306.7 points or 1.31% at 23074.9.

The BSE Sensex index was down 1000.58 points or 1.29% at 76311.22.

On BSE,493 shares were trading in green, 3447 were trading in red and 104 were unchanged.