New Delhi, June 4 -- Indian equity markets extended their losing streak on Thursday as persistent foreign fund outflows, elevated crude oil prices, and weak global cues weighed on investor sentiment.

The BSE Sensex settled lower by 443.15 points, or 0.60 per cent, at 73,903.02, while the NSE Nifty 50 declined 121 points, or 0.52 per cent, to close at 23,284.60.

Market analysts suggest to remain cautious amid continued foreign institutional investor (FII) selling and concerns over the impact of higher crude oil prices on the domestic economy.

"Indian markets are opening with a gap down as the FPI outflows continue to cloud the outlook," said Ajay Bagga, Banking and Market Expert.

Bagga also highlighted key policy speculations circulati...