Mumbai, Dec 16 (IANS) Sensex slipped in the red after opening over 150 points higher during the early trade on Monday.
Manufacturing company stocks like SAIL, Jindal Steel fell over 2 per cent.
Bank stocks also traded lower, however, global steel giant Arcelor Mittal has initiated payment for acquisition of debt-ridden Essar Steel for Rs 42,000 crore.
At 11.45 a.m., Sensex was 7.07 points at 41,002.64. It opened at 41,168.85, from its previous close of 41,009.71.