Indian benchmark indices Sensex and Nifty extended their losses on Thursday, as rising crude oil prices heightened inflation concerns and fuelled a risk-off mood among investors.

At 12:40 hours, the 30-share benchmark index was trading at 71758.67 down by -880.03 points or by -1.21 % and then NSE Nifty was at 22322.3 down by -280.75 points or by -1.24 %.

Sensex touched intraday high of 72693.97 and intraday low of 71691.95 The NSE Nifty touched intraday high of 22599.05 and intraday low of 22305.45

The top gainers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2103.30,+0.93%), Mahindra & Mahindra Ltd. (Rs. 1501.00,+0.80%), Axis Bank Ltd. (Rs. 1253.65,+0.78%), Infosys Ltd. (Rs. 999.65,+0.76%), HCL Technologies Ltd. (Rs. 1192.60,+0.74%), among others.

The top losers of the BSE Sensex pack were ITC Ltd. (Rs. 254.95,-3.90%), Adani Ports & Special Economic Zone Ltd. (Rs. 1682.20,-3.77%), InterGlobe Aviation Ltd. (Rs. 4815.00,-3.32%), Power Grid Corporation of India Ltd. (Rs. 246.50,-2.72%), Reliance Industries Ltd. (Rs. 1176.45,-2.50%), among others.

IT index was at 26867.33 up by 136.09 points or by 0.51%. Empower India Ltd. (Rs. 1.83,+3.98%), Dynacons Systems & Solutions Ltd. (Rs. 1056.75,+2.32%), Mphasis Ltd. (Rs. 2336.45,+2.28%), Inventurus Knowledge Solutions Ltd. (Rs. 1768.05,+1.87%), Zensar Technologies Ltd. (Rs. 446.75,+1.64%),.

Metal index was at 37694.78 down by -1227.79 points or by -3.15%. Adani Enterprises Ltd. (Rs. 2562.40,-6.62%), Jindal Steel Ltd. (Rs. 1011.25,-4.56%), JSW Steel Ltd. (Rs. 1179.65,-3.87%), Hindustan Zinc Ltd. (Rs. 534.70,-3.06%), Steel Authority of India (SAIL) Ltd. (Rs. 169.25,-3.01%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4561 , shares advanced were 1056 while 3263 shares declined and 242 were unchanged.