(down 7.62 per cent), (down 7.56 per cent), (down 6.47 per cent), (down 5.54 per cent) and (down 5.11 per cent) were the top losers in the index.
The Nifty PSU Bank index was trading 4.69 per cent down at 2052.2 around 01:13PM.
Benchmark NSE Nifty50 index was down 274.85 points at 14274.55, while the BSE Sensex was down 912.49 points at 48267.82.
Among the 50 stocks in the Nifty index, 1 were trading in the green, while 49 were in the red.
Shares of Vodafone Idea, PNB, YES Bank, Tata Motors and Tata Power were among the most traded shares on the NSE.
Shares of Orchid Pharma , Atul Ltd, J B Chem, CG Power & Ind. and Adani Power hit their fresh 52 week high in today’s trade, while Jump Networks Ltd., Shrenik Ltd., Sanginita Chemicals Ltd., Sagardeep Alloys Ltd., B C Power Controls Ltd., Sanwaria Consumer Ltd., Jiya Eco Products Ltd., Future Retail Ltd., Future Supply Chain Solutions Ltd. and Future Lifestyle Fashions Ltd. hit fresh 52 week low in trade.