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Sensex marks worst losing streak in nearly 8 years

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Reuters
Last Updated : Feb 19 2019 | 4:36 PM IST

(Reuters) - Indian shares erased early gains to end lower on Tuesday, with the benchmark BSE Sensex clocking ninth straight session of falls, its longest losing streak in nearly eight years.

The broader NSE Nifty fell for the eighth straight session and closed 0.34 percent lower at 10,604.35, while the benchmark BSE Sensex ended 0.41 percent lower at 35,352.61. Both the indexes posted their worst closing levels since Dec. 11.

The NSE Nifty marked its longest losing streak in nearly 4 years.

IT stocks were the biggest drag, with the sectoral index finishing 2.1 percent lower. Tata Consultancy Services Ltd, the top drag on the NSE index, closed down 3.3 percent.

(Reporting by Krishna V Kurup in Bengaluru; Editing by Rashmi Aich)

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First Published: Feb 19 2019 | 4:20 PM IST

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