Photo: Hemant Mishra/MintMumbai: Stocks extended losses for the seventh straight session on Wednesday, in the biggest losing streak for the benchmark Sensex since September, as subdued world equities continued to weigh on the index. BSE’s 30-share Sensex closed 0.33% or 113.23 points lower at 34,082.71 points, while the National Stock Exchange’s (NSE) 50-share Nifty shed 0.21% or 21.55 points to close at 10,476.70 points. While the market started on a positive note, it fluctuated between positive and negative territories during the day. Twenty-eight of 30 Sensex stocks have declined so far this month. However, from a long-term perspective, the outlook for emerging markets remains positive.

Source: Mint February 07, 2018 19:41 UTC