Nifty breaks 9600, Sensex drops 200 pts; L&T, BoB top losers

Equity benchmarks extended losses in afternoon, with the Nifty breaking 9600 level, dragged by infrastructure, banks and auto stocks.

The 30-share BSE Sensex was down 198.49 points at 31,063.57 and the 50-share NSE Nifty declined 66.25 points to 9,602. About two shares declined for every share rising on the BSE.

L&T, ICICI Bank, Reliance Industries, Tata Motors, SBI and Maruti Suzuki were down 1-3 percent.

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Posted in: Indian Market Tips