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