Indian equity markets extended their losing streak for a fourth consecutive session on Tuesday, with the Sensex shedding roughly 3,400 points since the start of the month, erasing a chunk of April's hard-won 7% recovery. The selloff is accelerating, and analysts are warning that relief may not come easily.
The Nifty closed nearly 2% lower, falling below the 23,400-mark while the Sensex dropped 1.9%. The damage ran deeper in the broader market: the Nifty Midcap 100 fell 2.5% and the Nifty Smallcap 100 plummeted 3.2%, badly underperforming the benchmarks.
