Sensex, Nifty Extend Losses; PSU Bank Index Drops 2%
✅ Indian equity benchmarks extended decline led by HDFC twins, Reliance Industries and ITC.
✅ The S&P BSE Sensex fell 0.8 percent or 275 points to 35,148 and the NSE Nifty 50 index fell 0.9 percent or 93 points to 10,620.
✅ All sector gauges barring the Nifty IT index were trading lower led by the Nifty PSU Bank index’s 1.9 percent drop.
✅ Mid- and small-cap shares were underperforming their larger peers as the Nifty Midcap 100 index fell 1.2 percent and the Nifty Smallcap 100 index slumped 1.4 percent.
✅ The overall breadth was negative as 1,581 shares were declining while 757 were advancing on the BSE.