Sensex loses further, Nifty holds 7800 amid weakness; SBI gains

Equity benchmarks extended losses in noon trade due to further selling in index heavyweights HDFC, HDFC Bank, Infosys and ITC that fell more than 1 percent. SBI and ONGC outperformed with more than 1 percent upside.

The 30-share BSE Sensex declined 253.13 points or 0.98 percent to 25520.48 and the 50-share NSE Nifty dropped 73.40 points or 0.93 percent to 7817.35. About 1261 shares declined against 954 advancing shares on Bombay Stock Exchange.

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Posted in: Indian Market Tips