Small BusinessMarkets near day's low
The markets have extended losses after European exchanges opened weak.
- Bombay Dyeing gains on part release of pledged shares - Markets extend losses - Markets languish in red - Markets move sideways - Ashtavinayak up on expansion plans - Markets have a quiet opening
The Sensex is now down 65 points at 17,575. The Nifty has dropped 22 points at 5,253.
ACC has shed 2.6% at Rs 956. TCS has dropped 2.5% to Rs 782. Wipro is down 2% at Rs 733.
Mahindra & Mahindra and Grasim have slipped 2% each to Rs 1,159 and Rs 748, respectively.
Unitech, Hero Honda, HDFC, Suzlon, Jaiprakash Associates and Hindalco are also trading in the red now.
However, SBI has added 1% to Rs 2,180. BHEL and ICICI Bank are up marginally at Rs 2,404 and Rs 863, respectively.
The NSE market breadth is negative. 585 stocks have advanced while 698 have declined.