Benchmark Indices Extended Losses In Opening On Wednesday

Benchmark indices extended losses in opening on Wednesday, tracking weakness in global peers and due to selling pressure in banking & financials.

The 30-share BSE Sensex was down 265.86 points or 0.77 percent at 34,080.53 and the 50-share NSE Nifty slipped 86.60 points or 0.82 percent to 10,467.70.

HPCL, ICICI Bank, Hindalco Industries, Eicher Motors, Axis Bank, Indiabulls Housing, Vedanta, Bajaj Finance and Bajaj Auto were losers in early trade. PNB plunged 5 percent. Nifty Midcap fell over a percent.

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