Equity benchmarks extended losses in late morning deals and the rupee also depreciated as investors maintained cautious stance ahead of second quarter GDP data due later today. A CNBC-TV18 poll expects GDP at 6.39 percent for the quarter against 5.7 percent in the previous quarter.
The 30-share BSE Sensex was down 273.15 points at 33,329.61. The 50-share NSE Nifty continued to trade below 10,300 ahead of expiry of November futures & options contracts, falling 79.30 points to 10,282.
The gap between advances and declines narrowed. About five shares declined for every four shares rising on the BSE against advance:decline ratio of 1:2 in early trade.
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