The Indian benchmark indices extended their early losses and were down nearly 1 percent in today's(15th December 2020) morning deals, dragged primarily by financials and FMCG stocks.
The S&P BSE Sensex fell 300 points, or 0.8 percent, at 45,950 levels, this giving up the psychological level of 46,000. The broader Nifty50 also breached the 13,500-mark. Axis Bank (down 2%) was the top Sensex laggard, followed by ONGC, ICICI Bank, and IndusInd Bank (all down 1%). On the other hand, HDFC Bank gained over 1 percent.
The trend among Nifty sectoral indices was largely negative, with the Nifty PSU Bank index, down 3 percent, leading the list of losers.
In the broader market, the S&P BSE MidCap slipped 0.2 percent while the S&P BSE SmallCap index was flat.