In previous trading session, the National Stock Exchange (NSE) Nifty50 index opened flat, slightly higher at the level of 10,612.65 from its previous closing level of 10,600.05.
But, it couldn't hold it's morning gains and plunged later in the afternoon session where it closed 0.69 percent down at 10,526.75.
The index has lost around 250 points from its recent swing high of 10,774.
All sectoral indices closed in red while Bank Nifty falling a percent and metal declining 1.77 percent.
Taking cues from the previous trade, it is expected to see a flat opening in today's trading session.