Equity benchmarks extended losses in morning trade, weighed by technology, banking & financial, FMCG and select auto stocks.
The 30-share BSE Sensex was down 157.17 points at 31,104.89 and the 50-share NSE Nifty fell 49.55 points to 9,618.70.
The broader markets were also under pressure, falling over 0.3 percent on weak breadth. About 1175 shares declined against 831 advancing shares on the BSE.
Wipro, Adani Ports, L&T, TCS, SBI, Bank of Baroda and Tata Motors (DVR) were top losers while Sun Pharma, M&M, GAIL, Tata Steel, ONGC, Vedanta and Aurobindo Pharma were gainers.
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