The BSE Sensex fell 150 points to 62,414, and the NSE Nifty50 went down 50 points to 18,550 levels.

• Ashoka Buildcon Shares Slump 3% Despite Securing Rs 410 Crore Project 
• Zydus Lifesciences Gets USFDA Nod; Stock Trades Flat
• Religare Enterprises Shares Slumped 6% on Demerger Plan 
• Natco Pharma Gets CDSCO Nod; Shares Rally 12.5%
• Lodha Developers Buys Solidrise for Rs 300 Cr; Shares Jump 1.5%

HCL Tech was the biggest loser on the Sensex, down over 5%, followed by Tech M and Infosys. 

Meanwhile, The broader markets outweighed the frontline indices. The BSE MidCap and SmallCap indices hit a high of 0.5%. Within sectors, the Nifty PSB index built on a December 8 gain and rallied 1.5%. Metal, FMCG, and Auto pockets are the top gainers, while the IT index went down over 1%.