3:05 PM: The Sensex plunged 649.19 points or 2.47 % to 25633.90 and the Nifty dropped 204.85 points or 2.57% to 7766.45. About 478 shares have advanced, 2133 shares declined, and 97 shares are unchanged on the BSE.
1:55 PM: The market slips further dragged by banks. The Nifty is down 172.00 points or 2 % at 7799.30. The Sensex is down 514.91 points or 1.9 % at 25768.18. About 508 shares have advanced, 1987 shares declined, and 94 shares are unchanged.
12:55 PM: Equity benchmarks extended losses in afternoon trade. The Sensex dropped 344.35 points or 1.31 % to 25938.74 and the Nifty fell 110.95 points or 1.39% to 7860.35. About 577 shares have advanced, 1816 shares declined, and 99 shares are unchanged on the BSE.
11:40 AM: The market skid further as the Sensex is down 303.87 points or 1.2 % at 25979.22 and the Nifty slips 97.55 points or 1.2 % at 7873.75. About 641 shares have advanced, 1576 shares declined, and 84 shares are unchanged.
9:00 AM:The market has opened lower on economy data. The Sensex is down 194.50 points or 0.7% at 26088.59 and the Nifty is down 63.35 points or 0.8% at 7907.95. About 123 shares have advanced, 409 shares declined, and 31 shares are unchanged.
Banks are dragging with top losers like SBI and HDFC. Vedanta, Tata Steel, Bajaj Auto, Tata Motors and L&T are among laggards while ONGC, GAIL, Maruti, Bharti and Cipla are top gainers in the Sensex.
The country's first quarter (April-June) gross domestic product in fiscal year 2015-16 slipped from 7.5% in the previous quarter (January-March) to 7%.
The GDP growth data is calculated under the new methodology (GDP at market prices) that the government's statistics department moved to last year. Meanwhile on the global front, Asian stocks declined early, following a negative lead from Wall Street and as investors digested the slew of economic data out of China.
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