Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls.
The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90.
It went below the 75,000 mark to hit the day s low of 74,454.55, plunging 715.9 points or 0.95 per cent.
According to provisional data from the exchanges, FIIs bought Rs 14,162 crore and sold Rs 20,004 crore. Meanwhile, DIIs picked up Rs 12,954 crore in shares and dropped Rs 7,720 crore worth of equity in the session.
Stock markets fall for 4th day amid weak global cues; Sensex down 667 pts businessinsider.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.in Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on India at LatestLY. Investors' wealth eroded by Rs 5.12 lakh crore in four straight days of fall in the equity markets which witnessed profit-taking after a record-breaking rally and caution ahead of the results of the Lok Sabha polls. India News | Investor Wealth Erodes by Rs 5.12 Lakh Cr in 4-day Fall in Stock Markets.
The equity benchmarks in India closed in deep red on Wednesday due to profit booking by investors and mixed global cues - marking a decline for three consecutive days so far this week.Mumbai, May 29 (IANS) The equity benchmarks in India closed .