Sensex, Nifty under pressure; Dr Reddy’s jumps 3%, SBI falls

Equity benchmarks extended losses with the Sensex falling 89.75 points to 25399.82 and the Nifty declining 23.40 points to 7791.50.

Bank of Baroda (-7 percent), SBI (-3 percent), Bharti Airtel (-3 percent) and GAIL (-2 percent) were the big losers in the Nifty. Other laggards in the index were Axis Bank (-1 percent),BPCL (-1 percent),Hero Motocorp (-1 percent) and Adani Ports (-1 percent).

Gainers included Dr Reddys Labs (3 percent), Tech Mahindra (2 percent), Bosch (1 percent) and Zee Entertain (1 percent).

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Posted in: Indian Market Tips