The market extended losses with the Sensex falling more than
100 points and the Nifty breaking 8350 level due to selling in healthcare,
banking & financials and oil & gas stocks. The Sensex declined 132.26
points to 27511.62 and the Nifty dropped 39.70 points to 8330.55.
After languishing in negative zone in afternoon trade, key benchmark indices extended losses in mid-afternoon trade. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit their lowest level in more than a week. The market breadth indicating the overall health of the market was negative. The Nifty was down 35.65 points or 0.43% at 8,334.60. The index hit a low of 8,321.95 in intraday trade, its lowest level since 18 May 2015. The index hit a high of 8,378.90 in intraday trade.
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