Mumbai: The Bombay Stock Exchange benchmark index Sensex fell for the fifth straight session on Monday to about 19,262 losing 189 points on sustained selling on slow growth in industrial production.

Sensex which had lost nearly 250 points in the last four sessions fell further by 188.91 points to 19,262.54, on sell-off in stocks of realty, auto, consumer durables and refinery sectors.

The broad-based National Stock Exchange index Nifty fell 56.30 points to close below the crucial 5,800 level at 5,785.70 in its longest losing streak in two months.

Trading sentiment dampened following reports that the industrial growth slowed to 3.6 per cent in February compared to 15.1 per cent expansion in the year-ago period. It was also dragged down by poor performance of manufacturing and mining.

The RBI has increased the rates eight times since March 2010 to combat inflation, amid growing consumer demand and rising oil prices.

(Agencies)