At 11:40 AM, theBSESensex was trading at 34,173, down 173 points, while theNifty50index was trading at 10,498, down 56 points.
The BSE Midcap Index slipped 0.26% and the BSE Smallcap Index was down 0.13%.
Shares ofBinani Industriesrose 3% on a report that a consortium led by Dalmia Bharat has emerged as the top bidder for its subsidiary, Binani Cement, which is undergoing insolvency resolution process.
Steel Strips Wheels Limited (SSWL) announced that it has bagged a fresh export order for 2,000 truck wheels to be supplied to European Union (EU) market. The stock gained by 1%.
The Nifty PSU Bank Index was down 0.17%. PSU Bank Index was down over 17% in the month of February till now.ICICI Bankslipped over 2%…