New Delhi, Nov. 2 -- Indian indices - the Sensex and Nifty - extended their losses for a second consecutive session on Friday, October 31. Nevertheless, both benchmarks recorded their strongest monthly performance in seven months since March.

The Sensex slipped 465.75 points, or 0.55 per cent, to close at 83,938.71, while the Nifty 50 ended 155.75 points, or 0.60%, lower at 25,722. Weak global cues and profit booking amid mixed corporate earnings weighed on market sentiment. Over the month, the Sensex advanced 4.6 per cent, and the Nifty 50 gained 4.5 per cent.

Broader indices also ended in the red, with the BSE Midcap index declining 0.55 per cent and the BSE Smallcap index falling 0.40 per cent.

"Markets ended their four-week winning...