Benchmark indices are not showing any sign of recovery in afternoon as the Sensex fell 191.15 points to 36,092.10 and the Nifty declined 72.40 points to 11,058.
Private banking & financials, technology stocks and Reliance Industries drove the market lower. Oil marketing companies and PSU banks gained strength.
The market breadth remained weak as about three shares declined for every share rising on the BSE.
Dr Reddy’s Labs extended previous day’s losses, falling more than 2 percent on top of yesterday’s 6 percent loss post earnings.
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