The market extended losses in morning trade with the Sensex falling 318.40 points or 1.13 percent to 27793.91 and the Nifty declining 87.95 points or 1.03 percent to 8433.60.
Bank Nifty fell nearly 300 points, weighed down by selling in private lenders such as ICICI BankBSE -2.16 % and Axis Bank.
ICICI Bank, Tata Motors, L&T, Tata Steel and GAIL are among major losers while Lupin, HUL, Cipla, NTPC and Dr Reddy’s Labs are major gainers in the Sensex.
The Indian rupee opened with marginal loss of 3 paise at 64.07 per dollar against previous close of 64.04.
Intraday Share Trading Tips Today :
Larsen & Toubro Ltd. is a ‘SELL’ call with a target of Rs 159 and a stop loss of Rs 168′
Bank of India is a ‘SELL’ call with a target of Rs 159 and a stop loss of Rs 168′
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