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OPENING UPDATE

Opening Bell : Benchmark indices extended losses in morning trade with the Sensex falling nearly 200 points, weighed by banking & financials, technology, infra and oil stocks. The broader markets underperformed benchmarks with the BSE Midcap and Smallcap indices losing 0.9 percent and 0.8 percent, respectively on weak breadth. About three shares declined for every share rising on the exchange. The 30-share BSE Sensex was down 180.65 points at 26061.73 and the 50-share NSE Nifty fell 58.25 points to 8003.05. Fall in global peers also weighed on sentiment. Asian shares lost ground amid thinner pre-holiday trade, after the Dow failed to reach the 20,000 mark overnight.

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Uploaded on December 22, 2016