Mumbai, Jan. 21 -- Domestic equities extended losses for a third straight session on Wednesday as global shocks and weak earnings hit risk appetite. The Sensex fell over 1,000 points intraday, while the Nifty 50 slipped below 25,000 for the first time since October. Selling was broad-based, with IT, chemicals and consumer durables under sharp pressure. Banking and financial stocks stayed weak, while defensive sectors offered limited support. Equities were weighed down by renewed global uncertainty after President Donald Trump's remarks on Greenland, soft domestic earnings, a record-low rupee, and continued foreign investor selling.

The S&P BSE Sensex dropped 270.84 points or 0.33% to 81,909.63. The Nifty 50 index lost 75 points or 0.30% ...