Sensex loses 3,500 points in 6 days. Analysts turn wary of a quick rebound
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, August 24, 2015. REUTERS/Danish Siddiqui/Files
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Indian stock markets extended their losing streak to sixth straight day, with the BSE Sensex and Nifty falling over 1% today. The Sensex ended 588 points lower at 46,285 while the Nifty skidded 1.3% to 13,634. Both benchmark indices fluctuated between gains and losses in a highly volatile session before succumbing to strong selling pressure in late trade. In six days, Sensex has lost over 3,500 points.