The 30-share BSE Sensex was down 19.09 points at 31,607.54 and the 50-share NSE Nifty declined 5.70 points to 9,866.90.
The BSE Midcap and Smallcap indices gained 0.2-0.4 percent as about two shares advanced for every share falling on the exchange.
Experts expect the volatility to continue ahead of expiry of September futures & options contracts on Thursday.
"Volatility will remain high due to the upcoming derivatives expiry and erratic swings on global front. Thus traders should limit their positions and wait for some stability," Jayant Manglik, President, Retail Distribution, Religare Securities said.
The BSE Midcap and Smallcap indices gained 0.2-0.4 percent as about two shares advanced for every share falling on the exchange.
Experts expect the volatility to continue ahead of expiry of September futures & options contracts on Thursday.
"Volatility will remain high due to the upcoming derivatives expiry and erratic swings on global front. Thus traders should limit their positions and wait for some stability," Jayant Manglik, President, Retail Distribution, Religare Securities said.
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