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Mumbai: Equity benchmarks erased some gains seen in previous session. The Sensex fell 339.90 points or 1.28 per cent to 26297.38, and the Nifty lost 96.80 points or 1.22 per cent to 7863.75 as the markets closed on Friday.
About 1012 shares have advanced, 1903 shares declined, and 112 shares are unchanged.
Equity benchmarks extended losses in last hour of trade. The Sensex plunged 347.53 points or 1.30 percent to 26289.75 and the Nifty fell 103.85 points or 1.30 percent to 7856.70.
About 942 shares have advanced, 1869 shares declined, and 118 shares are unchanged. Tata Motors and Sesa Sterlite fell more than 5 percent followed by Hindalco Industries and Tata Steel with 4-4.5 percent. ITC, HDFC, HDFC Bank, M&M, Axis Bank, Bharti Airtel, HUL and Coal India plunged 2-3 percent.
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