Share Bazaar Live: Indices extend losses, Nifty slips below 16,500, Sensex drops around 400 points

The Indian stock market opened with a red mark today amid mixed signals from global markets. There was a fall of 366.97 points in the Sensex and this index opened at the level of 55,308.35. Apart from this, Nifty 50 saw a decline of 116.10 points and this index opened at the level of 16,453.40.