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Sensex falls over 200 points, extending losses for third straight day

December 07, 2022 00:00:00

Indian equity benchmarks fell on Tuesday, extending losses for the third straight session after an eight-day bull run, including a record closing streak for six consecutive days, according to NDTV.

Domestic shares mirrored a sharp fall in global risk assets, with Asian stocks posting their biggest declines in two weeks after strong US economic data suggested the Federal Reserve could stick with its aggressive interest rate increases for longer than previously anticipated.

The BSE Sensex index declined 208.24 points, or 0.33 per cent, to close at 62,626.36, and the broader NSE Nifty fell 58.30 points, or 0.31 per cent, to end at 18,642.75.

The Sensex had opened at 62,834.60, with the index hitting a low of 62,390.07 and a high of 62,677.84 on Tuesday.

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