Indian equities extended its losses on poor economic fears in the global front.

The 30-share index BSE Sensex belled the day below 10,000 at 9,755.03 after falling 364.98 points. Realty, metal, oil & gas and baking stocks led the declining charts.

Asian stocks tumbled after News Corp, Isuzu Motors and Cathay Pacific Airways slashed their profit viewpoint, adding to evidence the worldwide economy is headed toward depression.

BSE Midcap and Smallcap index fell 3.16% and 1.95% respectively.

In the previous day session, the Sensex closed after losing 511.11 points, whereas the NSE Nifty declined by 147.15 points, or 4.68%.

At 10.09 a.m., the 30-share index Sensex lost 403.23 points at 9,716.78 after hitting a high of 9,825.65 and a low of 9,716.78. Meanwhile the broad based Nifty stood at 2,892.95, down 102.00 points, after touching a high of 2,998.65 and a low of 2,860.90.

The overall market breadth was sharply negative. Out of the total 610 stocks traded at BSE, 120 advanced, 482 declined while 8 remained unchanged.

Hindustan Unilever, which gained 0.42%, was the only gainer at the 30-share index.

On the other hand, Tata Steel (8.83%), Tata Motors (7.92%), DLF (7.39%), ICICI Bank (6.85%), Jaiprakash Associates (6.58%), and Hindalco Industries (6.53%) were the major losers in the Sensex.