Key benchmark indices extended early losses and hit fresh intraday low in morning trade. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 431.06 points or 1.22% at 35,039.09. The Nifty 50 index was down 124.35 points or 1.17% at 10,539.15. Weak cues from other Asian shares put pressure on bourses. The Nifty was trading below 10,600 mark.
Among secondary barometers, the BSE Mid-Cap index was down 1.62%. The BSE Small-Cap index was down 1.65%.
The market breadth, indicating the overall health of the market, was weak. On BSE, 396 shares rose and 1541 shares fell. A total of 94 shares were unchanged.
Yes Bank (down 3.73%), Sun Pharmaceutical Industries (down 2.47%), IndusInd Bank (down 2.33%), Tata Motors (down 2.23%) and Wipro (down 2%), were the major Sensex losers.
Adani Ports & Special Economic Zone was up 1.04%.
Overseas, Asian shares fell across the board. US stock indices booked their worst trading session on the eve of Christmas in history in a holiday-shortened session, putting the S&P 500 on the brink of the 20% decline from a recent peak that is commonly considered a bear market.
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