India, Feb. 17 -- The Australian stock market is adding to the early losses in mid-market trading on Tuesday, extending the losses in the previous session, despite the broadly positive cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,500 level, with weakness in gold miners, energy and financial stocks partially offset by some gains in technology stocks.
Traders are cautious ahead of the announcement of the first interest rate decision of the year by the Reserve Bank of Australia (RBA) later in the day, where the RBA is widely expected to cut interest rates by 25 basis points.
The benchmark S&P/ASX 200 Index is losing 40.10 points or 0.45 percent to 8,497.00, after hit...