The Sensex has extended losses and is now quoting at 16,958, down 240 points, while the Nifty is down 66 points at 5,041. Banking, FMCG and realty stocks are the major culprits

Tata Steel has plunged 4% to Rs 539. Tata Motors has shed 3.5% at Rs 620 and ICICI Bank has given up 3.1% at Rs 871. SBI has dropped nearly 2.4% to Rs 2,265 and ITC has slipped 2.2% to Rs 262.

BSE  |  NSE Price

Also Read   Related Stories News Now - Markets extend losses - Sensex weakens in noon trades - Sensex, Nifty marginally in red - Markets flat in early trades - US markets end in the positive - Sensex recovers, rises 68 points to 17,198

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Tata Motors plunges nearly 12%, M-cap erodes by Rs 7,616 cr - Demat accounts cross 20 million mark - Lakshmi Vilas Bank Q4 net down 8% at Rs 25 cr - Jagan's mother leads charge in battle of prestige against Cong More

Reliance is trading down at Rs 1,092 after going  ex-bonus.

The market breadth is negative. Out of 2,734 stocks traded so far, 1,763 stocks advanced and 895 declined thus far.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Tata Motors plunges nearly 12%, M-cap erodes by Rs 7,616 cr - Demat accounts cross 20 million mark - Lakshmi Vilas Bank Q4 net down 8% at Rs 25 cr - Jagan's mother leads charge in battle of prestige against Cong

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