Domestic equity markets extended losses in noon deals on Tuesday with major index heavyweights like SBI, HDFC and Reliance Industries facing selling pressure. The Nifty50 had climbed over the 18,000-mark in early deals, but was now seen testing the 17,850 level. The BSE Sensex too touched a high of 61,290, but was now down 250-odd points at 60,750 level. However, the broader indices, such as the BSE Midcap and Smallcap, were seen holding gains. The Oil & Gas index was down 0.8 per cent, while the BSE IT index gained 0.8 per cent.
Domestic Equity Extends Losses Amid Selling Pressure
Domestic equity extended losses in noon deals amid selling pressure in select index heavyweights, namely SBI, HDFC and Reliance Industries. Key indices Nifty50 had climbed over the 18,000-mark in early deals, but was now seen testing the 17,850 level.
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