Sensex extends losses, Nifty below 10,450; Midcap falls over 1%

Benchmark indices turned lower on profit booking, with the Sensex falling 65.96 points to 33,665.23 after hitting a record high in opening.

The Nifty fell 24.90 points to 10,426.90.

The market breadth also turned negative. About two shares declined for every share rising on the BSE.

Nifty Midcap and Smallcap indices extended losses in morning, falling 1.4 percent each.

Just Dial, Adani Power, Union Bank, Bank of India, Bata India, IOC, HPCL, DLF, IDBI Bank, IRB Infrastructure, Canara Bank, L&T, Finance, Wockhardt, JSW Energy, Tata Global, HDIL and Reliance Infrastructure were down 2-6 percent.

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Posted in: Indian Market Tips