MARKET LIVE: Indices extend fall; Sensex declines 250 pts, breaches 50k

LIVE market updates: The Indian benchmark indices added to their early losses and fell half a per cent in noon deals of Wednesday’s volatile session.

The S&P BSE Sensex gave up the 50,000 mark after falling 200 points, and the Nifty50 index fell below the 15,050 level. Mahindra & Mahindra, Kotak Mahindra Bank, IndusInd Bank, and ONGC were all down over 1 per cent. Among other individual stocks, Tata Motors slid over 5 per cent after announcing its March quarter results.

The trend among Nifty sectoral indices was mixed, with gains in Nifty Pharma index being offset by losses in Nifty Auto index.

Meanwhile, the broader indices outran their benchmark peers, with both the S&P BSE MidCap and SmallCap indices ruling over half a per cent higher.