Sensex, Nifty Fall As Banking, Financial Services Stocks Drag: Midday Market Update

The benchmark inventory indices prolonged losses by greater than 1% by midday commerce on Wednesday, monitoring weak world cues.Asian markets struggled to search out traction, whereas U.S. and European fairness futures slumped as a downbeat income forecast from Microsoft Corp. added to the danger aversion in world markets.As of 12 p.m., the Sensex was down 736 factors, or 1.21%, at 60,242.72, whereas the Nifty was 219 factors, or 1.21%, decrease at 17,899.30.


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