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NIfty

* Nifty extended decline and lost nearly half a percent, in continuation to the prevailing session.

* Among the sectoral pack, Pharma, realty and metals were among the top losers.

* Feeble global cues combined with pressure on select heavyweights are weighing on the sentiment.

* Prudent to restrict aggressive positions until the market stabilizes.

BANK NIFTY

* Banking index remained volatile throughout the day and finally settled around the opening range on a flat note.

* Barring HDFC Bank and ICICI bank, all other banking constituents ended in green. SBI, Indusind Bank and Bank Baroda capped the downside.

* PSU pack significantly outperformed the private banking majors and managed to recoup their previous session cuts.

* Going forward, 44350 to act key support zone, which coincides with its 100 DEMA.

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