Benchmark Indices Extended Losses In Late Morning Deals As The Sensex Was Down

Benchmark indices extended losses in late morning deals as the Sensex was down 160.66 points to 33,156.54 and the Nifty fell 58.50 points to 10,190.80, weighed by banks.

Nifty PSU Bank index slumped 3 percent and Nifty Bank lost over a percent while Nifty Midcap index dropped 1.4 percent.

About four shares declined for every share rising on the BSE. India is keen to collaborate with other nations on 5G to cement its position as a "leader" in refinement and adoption of this emerging and important technology, Telecom Minister Manoj Sinha said.

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