Markets extend losses for 5th straight session, Sensex tanks 1,145 points; Nifty drops below 14,700

Major losers in the Sensex pack were DrReddy's, M&M, Tech Mahindra, IndusInd Bank, Axis Bank, TCS, LT, RIL, Maruti, HCL Tech, Powergrid and HDFC, falling upto 4.77 percent. On the other hand major gainers were ONGC, HDFC, and Kotak Bank, rising upto 1.14 percent.