Sensex and Nifty extended early losses on February 11, dropping 0.4 percent by noon as global uncertainties and weak domestic earnings weighed on sentiment. All 13 major sectoral indices were in the red,

The Nifty 50 was down 339 points as of 1.30 pm, while the BSE Sensex shed 1047 points. All 13 major sectors declined, while the broader smallcaps and midcaps lost 2.5% and 2%, respectively.

The trends on Gift Nifty indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 23,480 level, a premium of nearly 20 points from the Nifty futures’ previous close.