At 2:42 pm, the Avenue Supermarts stock was trading 4.91% or 69.25 points lower at 1,341 level on BSE. The stock which opened at 1,340 level fell to an intra day low of 1,310 on the BSE.

The Sensex and Nifty fell nearly 3% in trade today a day after the indices logged their best gains in over six months.

On the demand side, there is increasing concern that high oil prices and weakening emerging market currencies are creating a toxic inflationary mix that could erode fuel demand and economic growth.

With volatility in the market taking a toll on indices and individual stocks this year, the Indian rupee came under severe pressure and hit its all-time low of 73.41 against the US dollar today.

The Indian currency fell 47 paise against the dollar to 73.38 level intra day. The currency which closed at 72.91 on Monday opened on a weak note at 73.26 and fell further to 73.34  against the US dollar.

With oil prices soaring, there are concerns over their inflationary effect on demand growth, especially in Asia's emerging markets where weakening currencies are further adding to high fuel import costs.

With Aadhaar, the customer acquisition cost was pegged at about Rs 30 per new subscriber.

Kapoor said his holding will be bequeathed to his three daughters and added that he will make a request in his will not to sell a single share in the bank.

Two sources familiar with Opec policy said Saudi Arabia and other producers discussed a possible production increase of about 500,000 barrels per day.

The stock closed 23.49% or 92 points lower on BSE today on continuous liquidity concerns in the NBFC sector. It touched a low of Rs 260.10 or down 33.82% in trade today.

Given company's good track record, well-capitalised balance sheet and stable asset quality, most brokerages have recommended subscribe on the issue even as the IPO has been valued at a premium against industry peers.

Brent breached the $80 per barrel mark on Monday and analysts at the American brokerage said they expect it to go up further to $95 by June 2019, which will put pressure on the current account.

The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.

Global brokerage Jefferies referred to Bank of Baroda as the base, Vijaya Bank the kicker and Dena Bank as 'bad bank'.

The stock closed 17.04% or 23 points lower on the NSE.  On the BSE, the stock closed 16.03%  or 21 points lower at 113 level. The market capitalisation of the stock fell by Rs 5,727 crore to Rs 30,013 crore on the BSE.

Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.