Indian equities continue to trade on negative note on Tuesday tracking weak global cues and ahead of Fed meeting. Power, realty and consumer durable stocks witnessed a fall whereas FMCG stocks registered a gain.

At 2.42 p.m., the Sensex was trading down 239.77 points or 0.89% at 26,576.79. Meanwhile, the Nifty was trading lower by 79.10 points or 0.98% at 7,962.90.

Major losers were Tata Power (4.78%) followed by Tata Steel (3.12%), ONGC (2.71%) and GAIL (2.71%).

The BSE Mid and small caps underperformed their larger counterparts declining -2.73% and -3.32% respectively.

The Power index was at 2,029.42, down by 57.59 points or by 2.76%. The Realty index was at 1,713.27, down by 47.6 points or by 2.7%. The Consumer Durables index was at 9,375.85, down by 255.92 points or by 2.66%.

On the other hand, the FMCG index was at 7,455.31, up by 19.57 points or by 0.26%.