New Delhi, May 10 -- Benchmark indices Sensex and Nifty 50 extended losses for the second consecutive session on Friday, May 8, dragged lower primarily by weakness in banking and financial stocks.

The Sensex ended 516 points, or 0.66%, lower at 77,328.19, while the Nifty 50 declined 151 points, or 0.62%, to close at 24,176.15. In contrast, broader markets remained relatively resilient, with the BSE 150 Midcap index slipping just 0.05% and the BSE 250 Smallcap index rising 0.15%.

"The Indian equity markets witnessed a range-bound yet positive week, with the NIFTY 50 closing at 24,176, up 0.58%, while the NIFTY Bank ended at 55,310, also gaining 0.58% on a weekly basis. On the global front, investor sentiment remained influenced by ongoin...