Indian fairness benchmarks Sensex and Nifty50 prolonged losses to the fourth back-to-back session on Tuesday to hit five-month closing lows. Features throughout a majority of sectors within the Indian share market weighed on the headline indices, with monetary and IT shares being the most important drags. Globally, buyers awaited a key US inflation studying to evaluate the long run course of rates of interest amid a banking shares-led sell-off throughout international markets following the collapse of US-based startup lender Silicon Valley Financial institution (SVB).
Sensex and Nifty50 logged their weakest closing ranges since October 13, 2022. | Picture: Reuters