Sensex, Nifty extend losses into 2nd day on rate hike fears

Sensex, Nifty extend losses into 2nd day on rate hike fears

Equity benchmarks Sensex and Nifty buckled under selling pressure for the second straight session on Friday as a bearish trend in global equities and concerns over rate hikes by central banks unnerved investors. Besides, selling pressure in index majors Reliance Industries, Infosys and L&T also dragged the benchmark indices lower, traders said.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News