Among the components of the S&P BSE BANKEX index, RBL Bank Ltd (down 2.98%), Axis Bank Ltd (down 1.68%),HDFC Bank Ltd (down 1.56%),State Bank of India (down 1.49%),Federal Bank Ltd (down 1.3%), were the top losers. Among the other losers were City Union Bank Ltd (down 0.86%), Kotak Mahindra Bank Ltd (down 0.82%), IndusInd Bank Ltd (down 0.64%), and ICICI Bank Ltd (down 0.4%).
At 13:48 IST, the S&P BSE Sensex was down 180.12 or 0.43% at 41446.52.
The Nifty 50 index was down 57.15 points or 0.47% at 12225.05.
The S&P BSE Small-Cap index was up 44.05 points or 0.31% at 14028.81.
The S&P BSE 150 Midcap Index index was down 9.42 points or 0.19% at 4839.33.
On BSE,1227 shares were trading in green, 1141 were trading in red and 178 were unchanged.