Indian equity benchmarks extended decline paced by losses in Asian Paints, Indian Oil, HPCL and Indiabulls Housing Finance.
The S&P BSE Sensex fell 274 points or 0.8 percent to 33,860 and the NSE Nifty declined 0.9 percent or 93 points to 10,152.
All 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Oil & Gas Index's 1.6 percent drop.
Mid- and small-cap shares were also facing selling pressure as the S&P BSE MidCap and the S&P BSE SmallCap Indces declined over 0.5 percent each.
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