Indian equity benchmarks extended their losing streak for the sixth consecutive session on Friday, weighed down by broad-based selling pressure and weak global cues. The benchmark BSE Sensex plunged 773 points or 0.90 per cent to close at 80,426, while the NSE Nifty50 slipped 236 points or 0.95 per cent to settle at 24,655. In the past six sessions, the 30-share Sensex has plunged nearly 2,627 points, while the broader Nifty has slipped close to 3 per cent. Advertisement

Broader markets mirrored the weakness in large caps. The Nifty Midcap100 and Smallcap100 indices declined more than 2 per cent each, indicating selling pressure across the spectrum.

Market participants attributed the fall to multiple headwinds. Prashanth Tapse, Senior VP (Research) at Mehta Equities, said, "Risk-off se

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