What to know

• Benchmarks extend losses for a second session as crude tops $110 a barrel and Asian markets slide; mid- and small-caps take the brunt.S1
• Equity benchmarks have been down for three consecutive sessions now. In these three sessions, the 30-share pack has declined over 1,700 points, or 2.3%, while the Nifty had crashed nearly 600 points, or 2.6%.S2