The Indian equity benchmark indices extended their losses in early trade as Brent crude prices surged above the crucial $100 per barrel mark amid escalating tensions in the ongoing US-Iran conflict. The spike in crude prices weighed on investor sentiment, triggering selling pressure across the domestic markets.
At 9:45 hours, the 30-share benchmark index was trading at 76119.23 down by -744.48 points or by -0.97 % and then NSE Nifty was at 23592.65 down by -274.2 points or by -1.15 %.
Sensex touched intraday high of 76369.65 and intraday low of 75871.18 The NSE Nifty touched intraday high of 23690.85 and intraday low of 23556.3
The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1340.15,+0.46%), Bharti Airtel Ltd. (Rs. 1813.40,+0.41%), NTPC Ltd. (Rs. 380.70,+0.18%), Reliance Industries Ltd. (Rs. 1393.30,+0.16%), among others.
The top losers of the BSE Sensex pack were Eternal Ltd. (Rs. 214.15,-4.31%), Mahindra & Mahindra Ltd. (Rs. 3068.70,-3.10%), Trent Ltd. (Rs. 3545.05,-2.19%), InterGlobe Aviation Ltd. (Rs. 4263.05,-2.03%), Maruti Suzuki India Ltd. (Rs. 13229.35,-2.02%), among others.
Oil&Gas index was at 27411.76 up by 56.74 points or by 0.21%. Adani Total Gas Ltd. (Rs. 647.60,+13.77%), Petronet LNG Ltd. (Rs. 294.00,+1.47%), Oil India Ltd. (Rs. 486.25,+0.74%), GAIL (India) Ltd. (Rs. 148.75,+0.54%), Reliance Industries Ltd. (Rs. 1393.30,+0.16%),.
Auto index was at 55976.81 down by -1397.36 points or by -2.44%. Bharat Forge Ltd. (Rs. 1727.15,-3.90%), Apollo Tyres Ltd. (Rs. 417.65,-3.88%), Samvardhana Motherson International Ltd. (Rs. 117.30,-3.22%), TVS Motor Company Ltd. (Rs. 3488.45,-3.10%), Mahindra & Mahindra Ltd. (Rs. 3068.70,-3.10%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3624 , shares advanced were 905 while 2539 shares declined and 180 were unchanged.