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Sensex, Nifty extend losses for the fourth straight day

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The Sensex closed 241.41 points down on Tuesday at 36,153.62, while the Nifty ended 57.40 points lower at 10,831.40, extending losses for the fourth straight day on global cues.

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Investors are waiting for the new round of China-US trade talks as the world’s two largest economies try to resolve a tariff dispute that has put a dent on global growth and corporate earnings.

The NSE IT index was down about 1% with Infosys and HCL Tech down over 1% and TCS off 0.50%. The government will later in the day announce consumer inflation and industrial production data.

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