Markets have opened down with the Nifty index slipping below key 5,900 support level.
The Sensex index fell 59.37 points to open at 19,394.55 while the Nifty-50 index declined 28.40 points and opened at 5,888.
All the sectoral indices are trading down with metal, real-esate power, fast moving consumer goods indexes leading the fall on BSE.
Among key Sensex stocks, the laggards include Tata Motors and Hero MotoCorp falling 2% and 1%, Bharti Airtel dropped 1%, ITC declined 0.6% and Hindalco and Sterlite Industries declined 0.5% and 0.3%. Among gainers Sun Pharmaceuticals rose 0.6%, HUL gained 0.5% and HDFC rose 0.2% on BSE.
The BSE mid-cap and small-cap declined 0.5% and 0.3%.