Domestic stock markets extended losses in noon deals on Wednesday, weighed down by losses in banking, metal, financial services and realty shares. The Sensex index fell as much as 430 points from its previous close of 38,365.35, and the broader Nifty 50 benchmark dropped below its important psychological level of 11,200. The benchmarks had opened lower in trade today mirroring losses in other global markets.
At 12:14 pm, the Sensex was down 398 points or 1 per cent at 37,967.31, and the Nifty traded 129 points lower at 11,188.
Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drug maker delayed testing of a coronavirus vaccine.
