The equity barometers extended losses and hit the day's low in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, fell 316.41 points or 0.67% at 46,644.28. The Nifty 50 index slipped 96.55 points or 0.70% at 13,664.
The selling was broad based. The S&P BSE Mid-Cap index fell 0.87%. The S&P BSE Small-Cap index lost 0.73%.
Sellers outnumbered buyers. On the BSE, 1,085 shares rose and 1,779 shares fell. A total of 155 shares were unchanged. In Nifty 50 index, 13 stocks advanced while 37 stocks declined.
Foreign portfolio investors (FPIs) bought shares worth Rs 2,720.95 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 2,424.61 crore in the Indian equity market on 18 December 2020, provisional data showed.