 "Markets extend losses; Wipro down 4%")
Markets extended losses in noon deals on profit-taking in index heavyweights. At 1430 hrs, the Sensex was down 191 points at 20,674 and the Nifty gave off 57 points to trade lower at 6,145.
In the broader markets, the smallcap index was down 0.6% and the midcap index gave off 0.4%, both outperforming the BSE benchmark index which was down 1%.
Rupee
Global Markets
Asian stock markets surrendered early gains on Wednesday on fears of tighter policy in China, while the dollar dropped after tepid U.S. jobs data vanquished expectations that the Federal Reserve will taper its stimulus before next year.
European markets opened lower and snapped their nine-session winning streak. Britain's FTSE and Germany's DAX were lower by 0.4% and France's CAC 40 was down as much as 0.7%.
Japan's Nikkei share average ended down 2% as a stronger yen took a heavy toll, after shares touched a 3-1/2 week high in the morning session.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4%, on track to post its first loss in five sessions, while profit-taking pushed Seoul shares off their highest level in more than 26 months.
Sectors & Stocks
All the sectoral indices were in the red, with losses of atleast 0.1%.
Realty, Power, Auto, Oil & Gas, Health Care, Teck and IT indices were the top losers, with losses between 1-2.4%.
Bankex, FMCG, Capital Goods, PSU and Metal indices were also down 0.2-0.8%.
Consumer Durables slipped 0.1%.
The only gainers among the Sensex-30 were Gail India, up 3% followed by Cipla, SBI, HUL and ICICI Bank, adding 0.2-2%.
Among the top losers were Wipro, NTPC, Bajaj Auto, Sun Pharma, Tata Motors, BHEL, Dr Reddys Lab, ONGC and Tata Steel, down 2-4%.
The market breadth was negative. 1,331 stocks declined while 1,012 stocks advanced on the BSE.
In the broader markets, the smallcap index was down 0.6% and the midcap index gave off 0.4%, both outperforming the BSE benchmark index which was down 1%.
Rupee
More From This Section
The rupee fell and is trading at 61.57 per dollar, off the 61.05 highs seen early session. USD buying for defence by state-run banks and demand from private oil company kept the rupee under pressure, traders say.
Global Markets
Asian stock markets surrendered early gains on Wednesday on fears of tighter policy in China, while the dollar dropped after tepid U.S. jobs data vanquished expectations that the Federal Reserve will taper its stimulus before next year.
European markets opened lower and snapped their nine-session winning streak. Britain's FTSE and Germany's DAX were lower by 0.4% and France's CAC 40 was down as much as 0.7%.
Japan's Nikkei share average ended down 2% as a stronger yen took a heavy toll, after shares touched a 3-1/2 week high in the morning session.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4%, on track to post its first loss in five sessions, while profit-taking pushed Seoul shares off their highest level in more than 26 months.
Sectors & Stocks
All the sectoral indices were in the red, with losses of atleast 0.1%.
Realty, Power, Auto, Oil & Gas, Health Care, Teck and IT indices were the top losers, with losses between 1-2.4%.
Bankex, FMCG, Capital Goods, PSU and Metal indices were also down 0.2-0.8%.
Consumer Durables slipped 0.1%.
The only gainers among the Sensex-30 were Gail India, up 3% followed by Cipla, SBI, HUL and ICICI Bank, adding 0.2-2%.
Among the top losers were Wipro, NTPC, Bajaj Auto, Sun Pharma, Tata Motors, BHEL, Dr Reddys Lab, ONGC and Tata Steel, down 2-4%.
The market breadth was negative. 1,331 stocks declined while 1,012 stocks advanced on the BSE.