Nifty breaks 9400, Sensex lower on profit booking; Asian Paints loses

Equity benchmarks turned lower amid consolidation in morning, with the Nifty breaking 9400 on profit booking.

The 30-share BSE Sensex was down 85.19 points at 30,165.79 and the 50-share NSE Nifty fell 34.85 points to 9,387.55. The broader markets were also under pressure on weak market breadth.

About two shares declined for every share rising on the BSE.

Asian Paints topped the selling list among Sensex stocks, down nearly 3 percent post earnings.

Buzzing: Glenmark Pharmaceuticals share price hit a 52-week low of Rs 760, down 16 percent intraday after its quarterly earnings missed analysts' estimates and sequential profit was sharply lower.

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