The market extended losses in afternoon trade due to selling in private banks and pharma stocks. The Sensex slipped 106.27 points to 28778.94 and the Nifty fell 39.50 points to 8738.80 amid consolidation.
Shares of HDFC Bank, HDFC, TCS, L&T, Sun Pharma, Lupin and Hindalco dropped 1-3 percent while Sesa Sterlite and Idea Cellular topped the buying list, up 2-3 percent.
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