The Sensex and the Nifty today fell more than half a percent in the afternoon trade. Domestic stock indices slipped amid negative cues from global share markets. The Sensex at Bombay Stock Exchange was trading below the 57,000 mark while the Nifty at National Stock Exchange was trading below 17,100 level.
The Sensex declined 412 points, or 0.72 percent to trade at 56,944 while the Nifty surged 130 points, or 0.75 percent, to trade at 17,071.
In the forex market, the rupee also weakened three paise against the US dollar. The domestic currency was trading at 76 rupees and 61 paise against dollar when reports last came in.