The Indian stock market extended losses on Monday, with Sensex falling for a second straight session and the Nifty declining for the fifth consecutive session, although the benchmark indices sharply recovered from intraday lows.
Sensex dropped 281 points to close at 77,728, while Nifty 50 lost 78 points to end the session at 24,288 on Monday. Broader markets however bucked the trend to close in the green, with Nifty Smallcap 100 and Nifty Midcap 100 rising up to 0.3%.