Sensex opens in the red in morning trade, extends losses for 2nd day

Key indices of the domestic equities market opened in the red today continuing with the losses from Wednesday, tracking weak global cues. Metal Index is dragging the key index and is one of the biggest laggards on BSE. Hindalco, JSW Steel and Tata Steel are trading in the negative territory. BSE 30-share Sensex went down 51 points to 61,722.74 and NSE Nifty 50 lost 2 points to 18,284.20 in the morning trade on Thursday. In sectoral indices, energy, IT and financial services were trading in the negative territory on Thursday morning. Telecommunication and Auto indices are trading in the positive territory in the morning.