The markets extended losses to hit fresh intraday lows in afternoon trade. Macroeconomic worries arising from high oil prices along with a weak Asian markets dampened sentiment. Nifty was down over 100 points at 5328, while Sensex was trading with a loss of over 300 points at 17609. Except FMCG, all the sectoral indices were trading in the negative with Capital Goods, Realty and Metals leading the declines. The market breadth was weak and one stock advanced against every five declines. (Pic. Source- bseindia.com)
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