Key benchmark indices extended their losses on Tuesday, with the Nifty falling for the sixth consecutive session, while the Sensex declined for the third straight day. Sentiment was weighed down by Brent crude rising above $91 a barrel amid renewed US-Iran tensions. Weak global cues, continued FII selling, higher US bond yields and a weaker rupee further weighed on sentiment. The Nifty remained under pressure amid volatility ahead of the weekly Nifty 50 derivatives expiry and settled below the 24,200 level. IT stocks witnessed selling, while pharma, auto and oil & gas were the only major sectors to gain.
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