Stock markets fall for 3rd day on foreign fund outflows; Sensex drops 120 pts

MUMBAI: (Dec 17) Stock markets declined for the third consecutive day on Wednesday, with benchmark Sensex closing lower by 120 points at a week’s low due to relentless foreign fund outflows.

The 30-share BSE Sensex edged lower by 120.21 points or 0.14 per cent to settle at 84,559.65. During the day, it dropped 263.88 points or 0.31 per cent to 84,415.98.

The 50-share NSE Nifty declined by 41.55 points or 0.16 per cent to a week’s low of 25,818.55.