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MARKET LIVE: Sensex extends fall, down 450 pts; RIL, Tech Mahindra dip 2%

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MARKET LIVE | Markets | Reliance Industries

SI Reporter  | New Delhi 

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Traders monitor BSE index at a brokerage firm, as the Sensex goes down, in Mumbai | PTI
The domestic benchmark indices were trading nearly a per cent lower in the afternoon deals on Monday.

The S&P BSE Sensex slipped 400 points, or 0.99 per cent, to 40,280 levels and the Nifty50 index tested11,800-mark. Bajaj Auto (down 4 per cent), and Tata Steel (down nearly 3 per cent) were the top Sensex drags. Index heavyweight (RIL) slipped nearly 2.5 per cent while Tech Mahindra was down around 2 per cent.

On the other hand, IndusInd Bank gained over 2 per cent on a report that Kotak Mahindra Bank was exploring an all-stock takeover of the bank.

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