Bears tightened their grip on Dalal Street in morning session as benchmark indices extended losses, with the Sensex falling around 250 points due to selling pressure in banking & financials, technology, FMCG and pharma stocks.
However, PSU Bank index bucked the trend, rising over a percent.
The 30-share BSE Sensex was down 247.81 points at 36,035.44 and the 50-share NSE Nifty fell 86.10 points to 11,044.30 while the Nifty Midcap index shed 0.8 percent.
About four shares declined for every share rising on the BSE.
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