The 30-share BSE Sensex was down 102.61 points at 28106.01 and the 50-share NSE Nifty fell 16.80 points to 8649.50.
Healthcare, FMCG and metals stocks continued to support the market while banking & financials, infra and telecom stocks dragged.
Oil prices fell to fresh April lows as slowing economic growth threatened to worsen ongoing oversupply of crude and refined products. International Brent crude oil futures were trading at USD 42.50 a barrel, down 20 cents from their previous close, the lowest since April. US West Texas Intermediate (WTI) crude fell 21 cents to USD 40.93 a barrel, slipping below $41 for the first time since April.
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