The BSE Sensex was down 100-odd points at 53,940-odd level, while the NSE Nifty50 had slipped below the 16,100 level.
Asian Paints tanked 6 per cent. IT majors – Tech Mahindra, TCS, Wipro and and HCL Technologies were down 2-4 per cent each. On the positive side, Kotak Bank, Nestle, ICICI Bank, HDFC and NTPC were up 1-2 per cent each.
As of 12 noon, Aether Industries IPO was subscribed up to 39 per cent on Day 2 of the offer period.
