Equity benchmarks fell sharply in morning as the Sensex plunged 312.61 points or 0.98 percent to 31,609.83 on likely increase in fiscal deficit target of the company due to fiscal stimulus.
The 50-share NSE Nifty fell 116 points or 1.16 percent to 9,848.40, dragged by infra, metals and banks stocks.
The BSE Midcap index was up 2.6 percent and Smallcap lost 3.5 percent as about 7.5 shares declined for every share rising on the BSE.
Nifty Midcap was down 0.8 percent as about 596 shares declined against advancing 423 shares on the BSE.
Shares of Capacit'e Infraprojects had a stellar listing today on investors' demand.
The stock listed with gains of 59.6 percent on its debut at Rs 399 on the exchanges.
The company had a stellar response to its initial public offering, getting oversubscribed 183.03 times.
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