Share markets in India have extended early losses and are presently trading deep in the red.
Benchmark indices edged lower today tracking weak Asian markets.
The BSE Sensex is trading down by 599 points, down 1.6%. Meanwhile, the NSE Nifty is trading down by 173 points, down by 1.6%.
Shares of IndusInd Bank plunged over 4.5%, while SBI and Axis Bank fell over 3%.
All sectoral indices are trading in red with stocks in the banking sector and auto sector witnessing most of the selling pressure.
More details to follow in the upcoming commentary. Stay tuned.
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