Sensex on Wednesdy languished in the red for most of the session and closed 79 points down at three-week low on losses in bluechips, including ICICI Bank and Hindalco, amid continued capital outflows.
The NSE Nifty barometer ended with a loss of 25.25 points at 8,102.10 -- also its weakest close since December 17, 2014. Despite positive closing in Asian indices and rebound in European shares, domestic markets buckled under selling by foreign funds as global crude oil prices continued to fall. TCS, Tata Motors, ITC, ICICI Bank and Hindalco were among key Sensex constituents that fell between 1-3 per cent today.However, some buying was seen in battered oil&gas stocks. Heavyweight RIl and ONGC gained about 2 per cent each after falling 4-5 per cent on Tuesday.