Sensex closes at four-month low

Falling for the second straight day, the BSE benchmark Sensex on Wednesday fell by nearly 67 points to close at a fresh four-month low on heavy funds outflow amid weak global trends.

The 30-share Sensex, which had lost 366 points in the previous session, fell further by 66.60 points, or 0.40 per cent to 16,479.59 - a level last seen on January 18.

The broad-based National Stock Exchange index Nifty lost 25.15 points to close at 4,974.80 led by poor show in banking and interest-sensitive sectors.

Brokers said domestic markets opened weak in negative zone on global cues. US markets had closed in red on Tuesday and European markets opened on a mixed note  on Wednesday, they said.
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