Financials stocks were trading in red, with the S&P BSE Finance index decreasing 191.01 points or 2.34% at 7963.44 at 13:52 IST.
Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 1622.44 points or 4.69% at 32976.38 at 13:52 IST.
Lupin on Monday announced that it has received tentative approval from the United States Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA), tenofovir alafenamide tablets.
Telecom stocks were trading with losses, with the S&P BSE Telecom index decreasing 39.88 points or 2.11% at 1848.08 at 13:52 IST.
The tender has been issued under the Standard Bidding Guidelines issued by the Ministry of Power in March 2022.

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