Markets drop for 4th day on foreign fund outflows

Stock markets extended the losing run to the fourth consecutive day on Wednesday as persistent foreign fund outflows and the rupee breaching the psychological 90-to-dollar low hit investor sentiment, dragging the benchmark Sensex down by 31 points.

- 

Falling for the fourth day in a row, the 30-share BSE Sensex dipped 31.46 points or 0.04 per cent to settle at 85,106.81. The index opened lower and dropped further by 374.63 points or 0.44 per cent to hit a low of 84,763.64 due to profit-taking.