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Equity benchmarks extended losses with the Sensex falling 278.53 points or 1.05 percent to 26357.22, tracking weakness in global peers. The Nifty continued to struggle below 8100, down 76.40 points or 0.94 percent to 8093.65, weighed by banking & financials, infra, FMCG, auto and IT stocks.
The broader markets also caught in bear grip. The BSE Midcap and Smallcap indices were down 0.8 percent each. About two shares declined against 591 advancing shares on Bombay Stock Exchange.
Tata Motors and ICICI Bank were top contributors in the selling list, down more than 3 percent followed by L&T, Axis Bank, SBI, ONGC, Tata Steel and BHEL with 1-2 percent loss while Lupin, Coal India and Dr Reddy’s Labs outperformed.
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