New Delhi, May 21 -- India's benchmark equity indices extended losses for a third straight session on Tuesday, 20 May, with the Sensex and Nifty falling by over 1%, dragged down by profit-booking in heavyweight stocks, rising global bond yields, and concerns over a resurgence in covid cases.

With the selling bias showing its colour once again the bulls have been pushed to the background and will need more encouraging triggers to step up the momentum to the upside.

The Sensex dropped 1.06% to close at 81,186.44 points on Tuesday. The Nifty 50 declined by 1.05% to end the day at 24,683.90. Only three of the 30 Sensex stocks ended in the green while the rest declined, with auto, financial, and defence stocks bearing the brunt of the sellin...