The Indian stock market extended losses on Tuesday, with Sensex and Nifty closing lower as elevated crude oil prices, Fed rate hike worries, booming IPO market and other factors continue to contribute to the slow grind down in the market.
Sensex dropped around 555 points to end the session at 75,578 while Nifty 50 lost 144 points to close at 23,635. Broader markets however closed in the green, with Nifty Midcap 100 and Nifty Smallcap 100 rising up to 0.2%.
