<p>Mumbai: Stock market benchmarks ended with losses for the third straight session on Wednesday as heightened geopolitical tensions, weak global peers and persistent foreign fund outflows unnerved investors.</p>.<p>Besides, selling in financial, bank and consumption stocks amid ongoing weakness in the rupee also added to the pressure in the markets.</p>.<p>Recovering most of its sharp intra-day losses, the 30-share BSE Sensex settled 270.84 points or 0.33 per cent lower at 81,909.63. The benchmark tanked 1,056.02 points, or 1.28 per cent, to 81,124.45 during the day.</p>.Sensex, Nifty succumb to selling pressure in blue-chips Reliance, ICICI Bank.<p>The 50-share NSE Nifty declined 75 points or 0.30 per cent to 25,157.50.</p>.<p>From the 30-Sensex firms, ICICI Bank, Trent, Bharat Electronics, Axis Bank, HDFC Bank, Larsen & Toubro, State Bank of India and Maruti were among the biggest laggards.</p>.<p>In contrast, Eternal, UltraTech Cement, InterGlobe Aviation and Reliance Industries were among the gainers.</p>.<p>Foreign institutional investors offloaded equities worth Rs 2,938.33 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 3,665.69 crore, according to exchange data.</p>.<p>"Indian equity markets ended the session on a cautious to negative note as mixed cues from Asian peers and sharp losses in overseas markets, along with continued weakness in the rupee, kept investor risk appetite subdued," Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.</p>.<p>In Asian markets, Japan's Nikkei 225 index settled lower, while South Korea's Kospi index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended higher.</p>.<p>Markets in Europe were trading lower.</p>.<p>US markets ended sharply lower on Tuesday. The Nasdaq Composite index tumbled 2.39 per cent, the S&P 500 dropped by 2.06 per cent, and the Dow Jones Industrial Average tanked 1.76 per cent.</p>.<p>"Domestic markets were gripped by volatility as global risk factors dampened sentiment. However, value buying towards the close helped the market recover some early losses. The weakening rupee and uncertainties surrounding trade ties may prolong this volatility," Vinod Nair, Head of Research, Geojit Investments Limited, said.</p>.<p>Brent crude, the global oil benchmark, dropped 1 per cent to USD 64.27 per barrel.</p>.<p>On Tuesday, the 30-share BSE Sensex tumbled 1,065.71 points, or 1.28 per cent, to settle at 82,180.47. The Nifty tanked 353 points or 1.38 per cent to end at 25,232.50. </p>
<p>Mumbai: Stock market benchmarks ended with losses for the third straight session on Wednesday as heightened geopolitical tensions, weak global peers and persistent foreign fund outflows unnerved investors.</p>.<p>Besides, selling in financial, bank and consumption stocks amid ongoing weakness in the rupee also added to the pressure in the markets.</p>.<p>Recovering most of its sharp intra-day losses, the 30-share BSE Sensex settled 270.84 points or 0.33 per cent lower at 81,909.63. The benchmark tanked 1,056.02 points, or 1.28 per cent, to 81,124.45 during the day.</p>.Sensex, Nifty succumb to selling pressure in blue-chips Reliance, ICICI Bank.<p>The 50-share NSE Nifty declined 75 points or 0.30 per cent to 25,157.50.</p>.<p>From the 30-Sensex firms, ICICI Bank, Trent, Bharat Electronics, Axis Bank, HDFC Bank, Larsen & Toubro, State Bank of India and Maruti were among the biggest laggards.</p>.<p>In contrast, Eternal, UltraTech Cement, InterGlobe Aviation and Reliance Industries were among the gainers.</p>.<p>Foreign institutional investors offloaded equities worth Rs 2,938.33 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 3,665.69 crore, according to exchange data.</p>.<p>"Indian equity markets ended the session on a cautious to negative note as mixed cues from Asian peers and sharp losses in overseas markets, along with continued weakness in the rupee, kept investor risk appetite subdued," Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.</p>.<p>In Asian markets, Japan's Nikkei 225 index settled lower, while South Korea's Kospi index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended higher.</p>.<p>Markets in Europe were trading lower.</p>.<p>US markets ended sharply lower on Tuesday. The Nasdaq Composite index tumbled 2.39 per cent, the S&P 500 dropped by 2.06 per cent, and the Dow Jones Industrial Average tanked 1.76 per cent.</p>.<p>"Domestic markets were gripped by volatility as global risk factors dampened sentiment. However, value buying towards the close helped the market recover some early losses. The weakening rupee and uncertainties surrounding trade ties may prolong this volatility," Vinod Nair, Head of Research, Geojit Investments Limited, said.</p>.<p>Brent crude, the global oil benchmark, dropped 1 per cent to USD 64.27 per barrel.</p>.<p>On Tuesday, the 30-share BSE Sensex tumbled 1,065.71 points, or 1.28 per cent, to settle at 82,180.47. The Nifty tanked 353 points or 1.38 per cent to end at 25,232.50. </p>