The Indian equity indices extended the bearish momentum for the fifth consecutive day on Thursday, fueled by FII outflows, profit booking and persistent selling in the IT sector stocks.

Dear Trader… Indian markets extended their losing streak for a fifth straight session as investors booked profits amid persistent FII outflows and uncertainty over US-India trade talks, which is expected to dent Q2 GDP growth. Broad-based selling prevailed in the market with heavy selling across auto, IT, pharma, and healthcare