10.20 AM: Equity benchmarks have extended their losses, with the Sensex falling over 350 points
Equity benchmarks have extended their losses, with the Sensex falling over 350 points, while the Nifty is well below 10,700.
The Sensex is down 359.66 points or 1.00% at 35524.75, and the Nifty down 120.80 points or 1.12% at 10662.10. The market breadth is negative as 388 shares advanced, against a decline of 1295 shares, while 71 shares were unchanged.
Selling is visible across all sectors, with maximum pain visible among metals, automobiles and consumption names. Financials are trading in the red as well.
Sun Pharma and Power Grid were the top gainers, while Vedanta, Maruti Suzuki, and Tech Mahindra lost the most.