Benchmark indices extended losses during Thursday’s midday session, with the Nifty 50 sliding below the crucial 25,000 mark and the Sensex declining over 160 points as selling pressure mounted across sectors.
The Nifty 50 dropped 55.90 points or 0.22 per cent to 25,001.00 by 1.05 pm, falling below its previous close of 25,056.90. The Sensex declined 161.52 points or 0.20 per cent to 81,554.11, down from Wednesday’s close of 81,715.63. Both indices opened lower and continued to face headwinds through the session.
Market breadth remained negative with 2,425 stocks declining against 1,630 advancing on the BSE. A total of 4,213 stocks were traded during the session. The selling pressure was evident with 160 stocks hitting lower circuit limits compared to 211 in upper circuit.
Bharat Ele