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The market on Wednesday extended losses for the third straight day even while global markets rallied, as heavy losses in Tata Motors and Sun Pharma weighed on the benchmark indices.
The S&P BSE Sensex ended at 28,155, down 184 points, while the broader Nifty50 quoted 8,724, down 68 points at close.
Broader markets underperformed the headline indices, with BSE Midcap and BSE Smallcap losing 1.2% and 1.5%, respectively.
Market breadth remained weak. There were more than three losers for every gainer on the BSE. As many as 2,143 shares fell, while 698 shares rose. A total of 143 shares were
