Mumbai

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 Sensex dropped 386 points to end at 81,716. The Nifty declined 113 points to 25,057.

Among Sensex firms, Tata Motors, BEL, UltraTech Cement, Tech Mahindra, M&M, ICICI Bank, TCS and Axis Bank were the major laggards. FIIs offloaded equities worth Rs 3,551 crore on Tuesday, according to exchange data.

Gold, silver slide

Gold and silver prices declined from their record high in the national capital. While gold depreciated Rs 900 to Rs 1,18,000 per 10 grams, silver prices dropped Rs 600 to Rs 1,39,000 per kilogram.

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