Sensex dips over 150 pts, Nifty below 9300; ITC, HDFC twins extend losses

Epic Update ITC
Epic Update ITC

Equity benchmarks continued to reel under selling pressure in noon trade, with the Sensex down more than 150 points as index heavyweights ITC, HDFC, HDFC Bank and L&T fell further to 1-2.5 percent.

Overall it was a profit booking amid consolidation, before marching towards new psychological 9,400 level on the Nifty that is expected to hit next week if global cues remained stable.

The 30-share BSE Sensex was down 169.53 points at 29,860.21 and the 50-share NSE Nifty slipped 53.90 points to 9,288.25.
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