Sensex, Nifty extend losses as Infy cracks; Europe trades lower

Benchmark indices continued to be weak and extended their losses, with the Nifty breaching 9800-mark in intraday trade.

At 14:02 hrs, the Sensex was down 160.70 points at 31363.98, while the Nifty was down 40.90 points at 9796.50. The market breadth was negative as 1,007 shares advanced against a decline of 1,407 shares, while 139 shares were unchanged.

Infosys, BHEL and IOC were the top losers on both indices, while Axis Bank and TCS gained the most.

European markets edged lower on Monday morning as investors remained unconvinced about President Donald Trump’s ability to impose his ambitious economic agenda.

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Posted in: Indian Market Tips