The choppy trade continued for second consecutive session as investors remained cautious ahead of two-day Federal Reserve's policy meeting that will start on September 20.
The 30-share BSE Sensex was down 30.49 points at 28341.74 and the 50-share NSE Nifty declined 11.95 points to 8714.65.
Axis Bank, Hero Motocorp and Tata Steel fell over 2 percent while ITC, Maruti, BHEL and Cipla gained 1-2 percent.
European stocks were mixed as global markets trod carefully amid nerves over central bank action.
Oil prices rebounded after falling around 3 percent in the previous session, supported by an unexpected fall in US crude inventories. Brent crude futures were trading at USD 46.04 per barrel, up 0.45 percent, from the last settlement. US West Texas Intermediate futures were up 0.16 percent, at USD 43.65 a barrel.
The 30-share BSE Sensex was down 30.49 points at 28341.74 and the 50-share NSE Nifty declined 11.95 points to 8714.65.
Axis Bank, Hero Motocorp and Tata Steel fell over 2 percent while ITC, Maruti, BHEL and Cipla gained 1-2 percent.
European stocks were mixed as global markets trod carefully amid nerves over central bank action.
Oil prices rebounded after falling around 3 percent in the previous session, supported by an unexpected fall in US crude inventories. Brent crude futures were trading at USD 46.04 per barrel, up 0.45 percent, from the last settlement. US West Texas Intermediate futures were up 0.16 percent, at USD 43.65 a barrel.
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