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The 30-share BSE index was trading 189.52 points or 0.37 per cent lower at 51,233.36 in initial deals, and the broader NSE Nifty fell 43.20 points or 0.28 per cent to 15,392.45.
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Accordingly, global cues and accelerated pace of economic recovery led both the indices - Nifty50 and S&P BSE Sensex - to open higher.
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The broader NSE Nifty extended its winning run to the fourth consecutive session, climbing 93 points or 0.17 per cent to finish at 15,301.45.
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SBI was the top gainer in the Sensex pack, advancing over 2 per cent, followed by L&T, ITC, Dr Reddy's, Axis Bank and PowerGrid.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 89.87.
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HDFC Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI which zoomed after the lender posted robust quarterly earnings.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 89.71.
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Similarly, the Nifty50 of the National Stock Exchange traded at 15,014.25, up by 15.90 points, or 0.11 per cent, from its previous close.
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Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.20 per cent to 89.93.
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M&M was the top gainer in the Sensex pack, rallying nearly 6 per cent, followed by Bajaj Auto, Titan, Bajaj Finance, HDFC Bank and PowerGrid.
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On the Sensex chart, IndusInd Bank was the top gainer, rallying over 7 per cent, followed by SBI, ICICI Bank, HDFC Bank, Axis Bank, HDFC and Bajaj Finserv.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 90.23.
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IndusInd Bank was the top laggard on the Sensex chart, shedding 3.35 per cent, followed by HUL, ONGC, ICICI Bank, Axis Bank, Kotak Bank, M&M, UltraTech Cement and Tech Mahindra.
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The 30-share BSE index was trading 403.16 points or 0.82 per cent lower at 48,758.65 in initial deals.
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The 30-share BSE index was trading 470.10 points or 0.95 per cent lower at 49,032.31 in initial deals.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 90.86.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.01 per cent to 91.31.
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Bajaj Auto was the top gainer in the Sensex pack, gaining over 2 per cent, followed by Bajaj Finance, ITC, HDFC, Titan, Maruti and M&M.
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ONGC was the top gainer in the Sensex pack, gaining over 2 per cent, followed by NTPC, IndusInd Bank, Bharti Airtel, Titan, Axis Bank and UltraTech Cement.
