Nifty extends losses, Sensex below 30000; PSU banks at day's low

Equity benchmarks as well as broader markets remained under pressure in afternoon, with the Sensex struggling below 30000 level as all sectoral indices were red.

The 30-share BSE Sensex was down 222.30 points at 29,903.91 and the 50-share NSE Nifty fell 62.05 points to 9,297.85.

The BSE Midcap and Smallcap indices also declined 1 percent each on weak breadth. More than two shares declined for every share rising on the BSE.

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