Nifty slips below 10,500, Sensex falls over 100 pts; pharma outperforms

Benchmark indices extended losses in afternoon as the Sensex was down 130.57 points to 33,880.04 and the Nifty fell 52.80 points to 10,478.70.

The market breadth was negative as about three shares declined for every two shares rising on the BSE.

All sectoral indices traded in the red barring Nifty Pharma that gained 2 percent.

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Posted in: Indian Market Tips