The Indian stock market slipped into the red on Monday, with Sensex and Nifty extending a four-week losing streak, even as economic and corporate earnings trends remain supportive.
Sensex dropped around 383 points to close at 76,133 while Nifty 50 lost around 119 points to end the session at 23,779 on Monday. This comes as a fresh escalation in the US-Iran conflict pushed oil prices higher, along with other factors that weighed on investor sentiment.