23:57
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The market extended losses with the Nifty falling below 7600 amid volatility. Healthcare, infra and technology stocks pushed the market down while auto and metals stocks continued to support.
The 30-share BSE Sensex fell 116.26 points to 24850.14 and the 50-share NSE Nifty declined 28.20 points to 7586.90. The market breadth also weakened further as about two shares declined for every share advancing on the BSE.
Lupin topped selling list on Sensex, down more than 12 percent after USFDA observations on Mandideep plant in Madhya Pradesh. Other pharma stocks like Sun Pharma, Cipla and Dr Reddy’s Labs also have a ripple effect, down 3-4 percent.
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Posted in: Indian Market Tips
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