Around 9:40 am, the BSE Sensex was 565 points down at 35,107.
The local currency on Friday gained 8 paise to end at 70.82 against the US dollar.
The idea far precedes the mutual fund industry’s campaign.
Sensex cracks 600 points, Nifty below 10,500: Exit poll & four other factors weighing on market today
The exit polls on state assembly elections also kept markets on tenterhooks.
In the Nifty pack, 2 stocks were trading in the green, while 48 stocks were in the red.
The benchmark stock index sank 4.6 per cent in the latest week, to 2,633 points
Pair (HDFC Ltd / HDFC Bank) has Trade lot ratio of 0.50 with price ratio of 0.93.
The NSE Nifty index was trading 156.5 points down at 10,537.2 while BSE Sensex was down 511.45 points at 35,161.8 around 09:28 am on Monday.
Exit polls showed signs of anti-incumbency in the BJP-ruled Rajasthan, Madhya Pradesh, and Chhattisgarh.
Sell Hindalco Industries Ltd. at a price target of Rs 205.0 and a stoploss at Rs 223 from entry point.