The Bombay Stock Exchange benchmark Sensex fell by 189 points in early trade on Wednesday on selling by funds.
HT ImageThe 30-share index, Sensex, which closed 60 points lower on Tuesday, lost another 188.75 points to 18,152.78 in the first five minutes of trade.
The National Stock Exchange's index, Nifty, also dipped by 45.45 points to 5,235.35 as heavy-weight stocks declined.
The trading sentiment turned bullish following reports of a weak trend in other Asian markets, marketmen said.