New Delhi, Aug. 8 -- The Indian stock market posted sharp losses in Friday's session, August 8, extending the benchmark indices' weekly losing streak to six weeks, the worst trend bulls have seen in the last five years, indicating sustained selling across the broad.

Investor sentiment continues to remain weak amid higher tariffs imposed by US President Donald Trump, disappointing June-quarter earnings so far, and the absence of fresh market triggers, causing Indian stocks to fall to levels not seen since early May and to break key support levels.

The Nifty 50 fell 1% to 24,352 points, ending the week with a 0.90% drop, its sixth straight weekly loss. The S&P BSE Sensex also closed 1% lower, falling below the 80K to 79,840, extending its...