Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended losses to a third straight day on Thursday, the last session of the holiday-truncated trading week. Losses across most sectors, led by IT, financial and automobile shares, pulled the headline indices lower. Broader markets also weakened, further hurting investors’ sentiment. The Nifty Midcap 100 index closed 1.4 percent lower and its smallcap counterpart 1.6 percent. Shares in One97 Communications — the parent of digital services platform Paytm – listed at a discount to its issue price. The stock of Sapphire Foods – an operator of KFC and Pizza Hut outlets in the country – debuted at a premium.