On the other hand, Axis Bank (Rs 276.61 crore) was leading among the most active stocks in terms of value.
It was followed by Reliance Industries (RIL) (Rs 251.54 crore), YES Bank (Rs 212.96 crore), ITC (Rs 164.27 crore), SBI (Rs 163.16 crore), Bajaj Finance (Rs 136.65 crore), Maruti Suzuki (Rs 136.18 crore), Titan Company (Rs 131.17 crore), HDFC Bank (Rs 129.48 crore) and Aurobindo Pharma (Rs 125.57 crore).
Caution crept in ahead of index of industrial production (IIP) for July and inflation data for August, scheduled later today.
The NSE Nifty index was trading 16 points down at 11,271, while the BSE Sensex was down 28 points down at 37,385 at 10:10 am.
Among the 50 stocks in the Nifty index, 23 stocks were in the green and 27 were in the red.
PowerGrid, Grasim Industries, ONGC, Adani Ports and Hindustan Unilever were among the top Nifty gainers.
HPCL, Titan Company, Indian Oil Corporation, Axis Bank and Tata Motors were among the top losers in the Nifty pack of stocks.