Manufacturing surveys from the euro zone and China depicted a bleak outlook.
Mahindra & Mahindra is the top loser among the Sensex stocks. It has slipped 1.14 per cent to Rs 763. Tata Steel, Infosys, Sterlite Industries, Tata Motors and SBI are also trading in the negative turf.
Sectorally, the BSE metal index has lost 0.6 per cent in opening trade today. Auto, realty, consumer durables, bankex and power are among the key losers in this space. However, some strength is visible in the BSE healthcare and FMCG indices