Equity benchmark Sensex dropped on Monday, tracking weak cues from global markets amid concerns over a new strain of the virus leading to fresh restrictions in European countries.
At 10:09 am, the 30-share BSE was trading 17.23 points lower at 46,943.46.
Similarly, the broader NSE Nifty slipped 9.05 points to 13,751.50.
M&M was the top laggard in the Sensex pack followed by ICICI Bank, PowerGrid, Axis Bank, SBI, ONGC and IndusInd Bank.
On the other hand, L&T, Reliance Industries, Sun Pharma, Infosys and HCL Tech were among the gainers.