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Hong Kong’s exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39 billion takeover offer on Friday.
The NSE Nifty 50 index fell 1.01% to 14,572.40 by 08:29 GMT while the S&P BSE Sensex slipped 1.07% to 49,257.85.
By 03:51 GMT, The blue-chip NSE Nifty 50 index fell 0.83% to 14,437.45 and the benchmark S&P BSE Sensex slid 0.79% to 48,829.83.
The blue-chip NSE Nifty 50 index fell 0.4% to 14,687 and the benchmark S&P BSE Sensex dropped 0.6% to 49,579.75 as of 05:02 GMT.
The blue chip NSE Nifty 50 index was up 0.45% at 15,005.20, while the benchmark S&P BSE Sensex was up 0.44% at 50,625.21.
Shares in Taiwan, India and Thailand were higher, as upbeat Chinese exports data also underpinned risk appetite.
The blue-chip NSE Nifty 50 index added 0.51% to close at 15,174.80, while the benchmark S&P BSE Sensex advanced 0.50% to end at 51,279.51.
The pan-European STOXX 600 index rose 0.5%, inching closer to a record peak set last year.
The blue-chip NSE Nifty 50 index fell 1.2% to 14,638 and the benchmark S&P BSE Sensex dropped 1.1% to 49,7508, as of 05:10 GMT.
The blue-chip NSE Nifty 50 index and the benchmark S&P BSE Sensex fell 1% to 14,405 and 48,675.66, respectively, as of 05:07 GMT. The indexes had dropped nearly 2% in the previous session.