New Delhi, July 28 -- Indian equities ended another session in the red, dragged down by a sharp decline in Kotak Mahindra Bank along with weakness in other key heavyweights, including Bharti Airtel and TCS, leading to an almost 0.70% drop in the benchmark indices.

In addition, the delay in a potential India-US trade deal and continued selling by overseas investors also weighed on the Indian stock market, which extended its losing streak to a third consecutive session on Monday and fell to a 7-week low.

The Nifty 50 slipped below the 24,700 mark, settling at 24,680 with a 0.63% decline, while the S&P BSE Sensex dropped 0.72% to close at 80,874 points. While large-cap stocks continued to face selling pressure, mid- and small-cap stocks sa...