Benchmark Indices Extended Losses In Afternoon Trade With The Nifty Breaking

Benchmark indices extended losses in afternoon trade with the Nifty breaking 10,700 levels, dragged largely by oil stocks and ICICI Bank.

The 30-share BSE Sensex fell 166.29 points to 35,323.75 while the 50-share NSE Nifty dropped 69 points to 10,700.20 ahead of expiry of June futures & options contracts.

The market breadth remained in favour of bears as about four shares declined for every share rising on the BSE.

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