Continuing the impact of the West Asia War, Indian equity benchmarks on Tuesday, May 12, extended their losses for a second straight session. Apart from the escalating tensions, surging crude oil prices and concerns over the broader economic fallout also impacted the downward movement of market indices.

According to the Bajaj Broking Research, at close on Tuesday, the Sensex declined 1,456.04 points, or 1.92 per cent, to settle at 74,559.24, while the Nifty 50 fell by 436.30 points, or 1.83 per cent, to close at 23,379.55.