New Delhi, Aug. 6 -- Indian stock market benchmarks - the Sensex and Nifty - resumed their downward trajectory on Tuesday, August 5, following a brief pause in the previous session. This marks the third decline in the last four trading days for both indices.

The BSE Sensex ended the day 308 points lower, slipping 0.38 per cent to close at 80,710. On the other hand, the NSE Nifty 50 dropped 73 points, or 0.30 per cent, to finish at 24,649.

While broader markets also witnessed a decline, they fared better than the benchmark indices. The BSE Midcap index edged down by 0.14 per cent, and the BSE Smallcap index dipped 0.27 per cent.

Sumeet Bagadia, Executive Director at Choice Broking, believes that despite sell-off on the previous session,...