Sensex sheds 346 pts on foreign fund outflows

Benchmark stock indices Sensex and Nifty closed lower on Monday due to selling in oil & gas and IT shares, foreign fund outflows and thin year-end trading.Photograph: Shailesh Andrade/ReutersExtending the downtrend to the fourth day running, the 30-share BSE Sensex declined by 345.91 points or 0.41 per cent to settle at 84,695.54.During the day, it dropped 403.59 points or 0.47 per cent to 84,637.86.Registering its third day of decline, the 50-share NSE Nifty edged lower by 100.20 points or 0.38 per cent to ...