New Delhi, July 28 -- The Indian stock market extended its losing streak for a second consecutive session on Friday, July 25, as selling pressure persisted. Benchmark indices - the Sensex and Nifty 50 - posted significant losses, with mid- and small-cap stocks tumbling by up to 2 per cent.

During the session, the Sensex dropped 786 points, nearly 1 per cent, to hit an intraday low of 81,397.69, while the Nifty 50 declined 1 per cent to reach 24,806.35.

At the close, the Sensex had fallen 721 points, or 0.88 per cent, to settle at 81,463.09, and the Nifty 50 finished 225 points lower, or 0.90 per cent down, at 24,837.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the...