Markets extend losses

The Sensex has fallen 76 points at 20,028 and Nifty is down 20 points at 6008.

The broader markets continue to remain flat Mid-cap index is at 8159 up one point and Small-cap index is up 25 points at 10,284.

Karnataka Bank leads the rally among the Mid-caps. The stock is up 1.8% at Rs 108 followed by Kwality Dairy, Graphite India, Appollo Hospital and Bata India up more than 4% each.

Garden Silk leads the rally among the Small-caps up 12% at Rs 102 followed by Cals Refinerey, Seamec, Tanla Solutions and Sujana Towers up more than 8% each.

Auto index leads the rally among the sectoral indices up 0.52% at 9618 followed by realty, Power and healthcare indices.

Tata Motors leads the rally among the Auto stocks up 1.7% at Rs 1098 followed by Bajaj Auto, Exide Industries and Hero Honda up motre than 0.5% each.

Meanwhile Metal index continues to extend its lossses down 195 points at 16,858 followed by FMCG, Oil & Gas and PSU indices.

Sterlite Industries is the top loser among the Metal stocks down more than 7% at Rs 163. The stock has dropped on back of orders by the Madras High Court for  closure of the copper smelting plant in Tuticorin as the court feels the safety, security and health of workers would be adversely affected.

Tata Motors leads the rally among the Sensex stock up more than 1.7% at Rs 1098 followed by BHEL, Tata Steel, Hero Honda, DLF and SBI up more than 0.5% each.

Sterlite Industries leads the Sensex losers chart alongwith ITC, ONGC, HDFC, Bharti Airtel and Reliance Infrastructure down more than 0.5% each.

However BSE market breadth is marginally positive as 1461 stocks are advancing and 1384 stocks are declining.