Benchmark indices deepened losses in afternoon trade on Monday, weighed down by continued weakness in aviation and metal stocks as investors remained cautious ahead of the US Federal Reserve’s policy decision later this week.

The Sensex traded at 85,289.07, down 423.30 points or 0.49 per cent from its previous close of 85,712.37. The Nifty 50 fell 162.40 points or 0.62 per cent to 26,024.05 from Friday’s close of 26,186.45. Both indices opened lower, with the Sensex starting at 85,624.84 and the Nifty at 26,159.80.

Market breadth remained weak with 3,013 stocks declining against 1,064 advances on the BSE, while 205 stocks remained unchanged. A total of 218 stocks hit lower circuit limits compared to 168 in upper circuit. The number of stocks touching 52-week lows stood at 370, signif

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