Stock Market LIVE Updates: GIFT Nifty indicates a weak start; US markets flat, Asia trade mixed

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Market extended the losses on the third consecutive session on October 17, with benchmark Nifty 50 closing a little below 24,750 amid selling across sectors barring Information Technology.

At close, the Sensex was down 494.75 points or 0.61 percent at 81,006.61, and the Nifty was down 221.50 points or 0.89 percent at 24,749.80.

Biggest Nifty losers were Bajaj Auto, Shriram Finance, Hero MotoCorp, Nestle and M&M, while gainers were Tech Mahindra, Infosys, L&T, Power Grid Corp and SBI.

Among sectors, except Information Technology index (up 1 percent), all other sectoral indices ended in the red with auto, media and realty down 2-3 percent.

The BSE midcap and smallcap indices shed more than 1 percent each.

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