Market extends losses for third day on trot

Mumbai, October 21

Equity benchmarks buckled under selling pressure for the third session on the trot on Thursday as lacklustre corporate results, negative global cues and concerns over stretched valuations triggered an unwinding of risky bets.

The Sensex slumped 336.46 points to end at 60,923.50, after slipping below the 60,500-level intra-day. Similarly, the Nifty fell 88.50 points to 18,178.10.

Asian Paints was the top loser in the Sensex pack, followed by Reliance Industries, Infosys, Dr Reddy’s, Tata Steel, TCS and Airtel. — PTI