Sensex drops 120 pts on foreign fund outflows

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.Photograph: Shailesh Andrade/ReutersThe 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.Among Sensex firms, Trent, HDFC Bank, Adani ...