Indian equity markets extended their losing streak to a seventh consecutive session on Wednesday, with the benchmark NSE Nifty50 settling 76.60 points, or 0.32%, lower at 24,078.30.
The Nifty found support at the lower band of the rising channel and filled a gap on the daily timeframe. The 61.8% Fibonacci retracement level also coincided with these support levels, where the index made a low.
