Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday due to profit-taking in banking, auto, and capital goods shares, as well as foreign fund outflows, amid concerns over US H-1B visa fees that continue to dent investor sentiment.
The 30-share BSE Sensex dropped 386.47 points or 0.47 per cent to end at 81,715.63. During the day, it tanked 494.26 points or 0.60 per cent to 81,607.84.
The 50-share NSE Nifty declined 112.60 points or 0.45 per cent to 25,056.90.
Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services and Axis Bank were the major laggards.
However, Power Grid, Hindustan Unilever, NTPC and HCL Tech were among the gainers.
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