The Sensex and the Nifty fell over 0.5 per cent in the opening session on Monday on fresh selling by funds and retail investors despite firm Asian cues.
At 9.15 a.m., the 30-share BSE index Sensex was down 97.52 points (0.47 per cent) at 20,568.63 and the 50-share NSE index Nifty was down 40 points (0.65 per cent) at 6,100.75.
Asian stocks were up after US payrolls and China’s industrial production gained more than expected.
But the better-than-expected US jobs data has given rise to fears that the US Federal Reserve could speed up its plans to prune its $85-billion-a-month stimulus programme.
Japan's Nikkei rose 162.45 points or 1.15 per cent to 14,249.20, Hong Kong's Hang Seng was up 15.27 points or 0.07 per cent at 22,759.70, while Australia's S&P/ASX 200 was down 11.17 points or 0.21 per cent at 5,389.50.
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