Benchmark indices fell in early trading on Wednesday after tracking trends in Asian markets.
IOC tumbled 3.6 per cent and was trading at Rs 125.20. Bharti Airtel was down 3.38 per cent at Rs 300.05 and BPCL 3.19 per cent at Rs 318.95. The other losers were Reliance Capital, DHFL, Reliance Industries, and Kotak Mahindra Bank.
Shares of Yes Bank Yes Bank were up over 21 per cent after reports that the Reserve Bank of India (RBI) has not found any divergence in the asset classification and provisioning done by the lender during 2017-18. Tata Motors and L&T were other major gainers.
The Indian rupee too opened lower at 70.87 per dollar after its previous close 70.80. (ANI)