The Indian stock market extended its downturn for the third consecutive session, with Sensex closing with marginal losses but Nifty ending the session deeper in the red on Wednesday as surging bond yields kept investors on edge.
Sensex lost nearly 49 points to close 72,480 while Nifty 50 lost around 96 points to end the session at 22,620. Broader markets, meanwhile, moved into the green, with Nifty Midcap 100 and Nifty Smallcap 100 indices rising up to 0.3%.