The Sen Times News

Stock markets close marginally lower on foreign fund outflows, weak rupee; Sensex slips 54 pts

Mumbai, Dec 15 (PTI) Benchmark stock indices Sensex and Nifty pared most of early losses to close marginally down on Monday amid persistent foreign fund outflows and weak global trends. The 30-share BSE Sensex closed lower by 54.30 points, or 0.06 per cent, at 85,213.36. The benchmark opened lower and declined further by 427.34 points, or 0.50 per cent, to hit a low of 84,840.32, but value buying in FMCG and IT shares in the second half helped cut losses. The 50-share NSE Nifty edged lower by 19.65 points, or 0.08 per cent, to 26,027.30. The broader index hit a