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Sensex extends losses, Nifty below 7650; banks, ITC drag

Dec 11, 2015, 12.20 PM | Source: Moneycontrol.com

Shares of ITC, ICICI Bank, HDFC Bank, L&T, Axis Bank, ONGC and Mahindra & Mahindra were down 1-2 percent.

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Sensex extends losses, Nifty below 7650; banks, ITC drag

Shares of ITC, ICICI Bank, HDFC Bank, L&T, Axis Bank, ONGC and Mahindra & Mahindra were down 1-2 percent.

12:00

TheNewsInternational Team

12:20 pm Nikkei Update:

The Nikkei 225 ended in positive territory on the final trading day of the week, closing up 184 points, or 0.97 percent, at 19,230.

Export stocks mostly closed in the green.

Overall, Asian markets were mixed despite Wall Street’s positive finish overnight, as record low oil prices weighed resources plays and China shares traded in negative territory as another top executive was reported missing by local media.

Also read – Searching for multibaggers? Look for these traits: Raamdeo

12:00 pm Market Check

The market extended losses in noon trade with the Nifty falling below 7650 level, weighed down by banking & financials, infra, auto and select FMCG stocks. Tata Steel continued to the leader among Sensex stocks, up nearly 4 percent.

The 30-share BSE Sensex declined 149.67 points or 0.59 percent to 25102.65 and the 50-share NSE Nifty slipped 49.45 points or 0.64 percent to 7633.85.

Shares of ITC, ICICI Bank, HDFC Bank, L&T, Axis Bank, ONGC and Mahindra & Mahindra were down 1-2 percent.

11:00

Sensex, Nifty sluggish; Metals, IT indices gain momentum

Tata Steel, Vedanta, Hindalco, Infosys and Reliance are top gainers while ITC, ONGC, NTPC and Axis Bank are losers.

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10:00

Sensex, Nifty remain weak; Lupin, Infosys, Hindalco gainersRead More »

Tata Steel, Lupin, Hindalco, Sun Pharma and Infosys are top gainers while ITC, L&T, NTPC, Axis Bank and BHEL are major laggards.

Read More »

09:15

Sensex, Nifty open flat; Tata Steel rallies, ITC & RIL dragRead More »

Tata Steel, Infosys, ICICI Bank, Hindalco, GAIL, Hindalco and Cairn India were early gainers while ITC, M&M, Wipro, Coal India, NTPC, Kotak Mahindra Bank and Reliance Industries were under pressure.

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READ MORE ON  BSE Sensex, Nifty, Market, Banks, ITC
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