Mkts close marginally lower on foreign fund outflows, weak rupee

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.

- PTI

The 30-share BSE Sensex closed lower by 54.30 points, or 0.06%, at 85,213.36. The benchmark opened lower and declined further by 427.34 points, or 0.50%, 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%, to 26,027.30. The broader index hit a low of 25,904.75 but pared losses later.