Indian stocks extended their decline to the fifth session after Sensex fell 154 points today, dragged down by FMCG and banking stocks. The Nifty suffered 62-point loss to settle at 11,520. This was the longest streak losing streak of Sensex in over three months. Among FMCG stocks, ITC fell 1% while HUL declined 2.8%. SBI fell 3.2%, IndusInd Bank declined 2.3% and ICICI Bank dropped 1.7% to be among top losers. IT stocks continued to outperform as rupee hit a fresh low beyond 71.50 against US dollar. TCS, Infosys and Wipro rose between 1.5% and 2.5%.
Source- https://www.livemint.com/
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