Indian markets failed to capitalize on gains in global cues as they extended their losing streak for a third consecutive day on Thursday. The Sensex cleared the 61,000 mark and the Nifty 50 gave 18,150 levels. Small-cap stocks were the hardest hit in the broader market. All sectoral indices were in the red, while capital goods, autos, banking, durables, metals and oil and gas witnessed heavy sell-offs. India’s volatility index fell by over 2%.