Equity benchmarks extended losses in late morning deals, tracking further weakness in Asian stocks. Investors also maintained caution ahead of RBI’s rate decision and its commentary in afternoon.
The 30-share BSE Sensex was down 158.72 points at 32,643.72 and the 50-share NSE Nifty declined 59.80 points to 10,058.50.
Asia markets declined across the board, following overnight losses on Wall Street. Japan’s Nikkei 225 Average, China’s Shanghai Composite, Hong Kong’s Hang Seng and South Korea’s Kospi were down 1-2 percent.
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