The Indian stock market ended lower on Wednesday, extending losses to a third successive session, as foreign institutional investors pressed sales on the back of recent weak economic data.
Last Friday's industrial output data for February and the data released by the government on Tuesday that showed wholesale price inflation to have risen at the fastest pace since December, proved strong enough triggers for investors to press sales. A weak report on Chinese GDP growth and caution ahead of key results contributed as well to the market's sharp decline.
The BSE benchmark Sensex ended the session with a loss of 207.70 points or 0.92% at 22,277.23, around 30 points off the day's low of 22,247.39. The Nifty index of the National Stock Exchange, which declined to 6665.15, closed at 6675.30, recording a loss of 57.80 points or 0.86%.
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