Sensex, Nifty 50 extend losses for second consecutive session; 5 key factors behind stock market downtrend explained
New Delhi, Aug. 12 -- The Indian stock market remained in negative territory for the second consecutive session, with the benchmarks, the Sensex and the Nifty 50, witnessing strong intraday volatility on Wednesday, 12 August.
The Sensex and the Nifty 50 dropped almost 1% each during the session but pared most losses to end with minor cuts.
The 30-share pack ended 188 points, or 0.24%, lower at 77,966.35, while the NSE counterpart Nifty 50 settled at 24,435.95, down 36 points, or 0.15%.
The mid and small-cap segments ended mixed; Nifty Midcap 100 rose by 0.28%, while the Smallcap 100 index declined 0.18%.
In two sessions, the Sensex has retreated nearly 600 points, or 0.70%, while the Nifty 50 has declined 0.60%.
Investors lost about ...
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