Indian equity markets extended their losing streak to a seventh consecutive session on Wednesday, August 19, with benchmark indices ending lower as sentiments turned cautious ahead of the release of the US FOMC minutes, as investors remained concerned that the Federal Reserve’s battle against inflation may continue.
The NSE Nifty50 ended 76.60 points, or 0.32%, lower at 24,078.30, while the BSE Sensex settled at 76,909.68, down 325.78 points, or 0.42%, from the previous close.