Benchmark indices extended losses for the second consecutive session, tracking increase in crude oil prices that will hit fiscal deficit of the country.
The 30-share BSE Sensex was down 238.76 points at 35,149.12 and the 50-share NSE Nifty fell 58.40 points to 10,682.70, but the market breadth was positive. About 1,396 shares advanced against 1,217 declining shares on the BSE.
Nifty Midcap outperformed frontliners, rising 70 points. Jyothy Labs, Crompton Consumer, Future Enterprises, Future Consumer, Petronet LNG, Radico Khaitan, Granules India, Ujjivan Financial, up 20 percent.
TVS Motor, JSW Steel, Skipper, VIP Clothing, Brigade Enterprises and Career Point fell up to 7 percent.