India’s Sensex falls 0.8% to 71,909.7, extending losing streak

  • BSE Sensex extended its decline for a fourth consecutive session on Thursday.
  • 71,909.7 was the index’s closing level after an approximately 0.8% fall.
  • Indian markets will close Friday, October 2, for Mahatma Gandhi Jayanti.

India’s BSE Sensex fell about 0.8% to close at 71,909.7 on Thursday, its lowest level since March and its fourth consecutive session of losses. Rising oil prices, continued foreign investor outflows and the absence of a visible diplomatic solution to the Middle East conflict weakened investor sentiment. Almost all sectors declined, while technology stocks and selected banks outperformed the broader market. The index lost about 2.7% for the week. Indian markets will be closed on Friday, October 2, for Mahatma Gandhi Jayanti.

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