Domestic equity benchmarks extended their losing streak to a fourth session on Wednesday, with the Sensex and Nifty ending in the red as cautious sentiment prevailed. A steep hike in H-1B visa costs dampened investor mood, while persistent foreign outflows added to the drag.

At the closing bell, the Sensex slipped 386.47 points, or 0.47 per cent, to end at 81,715.63, extending its four-day slide to nearly 1,300 points, while the Nifty50 declined 112.60 points, or 0.45 per cent, to settle at 25,056.90. Advertisement

Tata Motors led the losers on the Sensex, slipping 2.57 per cent to Rs 683.50. Bharat Electronics (BEL) dropped 2.18 per cent, while Ultratech Cement, Tech Mahindra, M&M, and TCS declined 1.60 per cent, 1.20 per cent, 0.89 per cent and 0.86 per cent, respectively.

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