Sensex extends losses, Nifty holds 7050; Infosys, HUL, Maruti up

The market extended losses with the Sensex falling 169.13 points or 0.72 percent to 23241.05. The Nifty held 7050 level amid pressure, down 49.65 points or 0.70 percent to 7059.90.

The market breadth was weak as about two shares declined for every share advancing on the BSE.

ICICI Bank and HDFC Bank continued to be leading contributors to Sensex’s fall, down 1-2 percent. Axis Bank was down over 1.5 percent.

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Posted in: Indian Market Tips