• Source:PTI
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Stock market Closing:  Equity benchmark indices Sensex and Nifty declined on Wednesday after three days of gains, led by selling pressure in HDFC Bank and continued outflows of foreign funds. Snapping its three-day winning streak, the 30-share BSE Sensex ended 117.58 points or 0.16 percent lower at 72,987.03. During the day, it tumbled 281.95 points or 0.38 percent to 72,822.66. Similarly, the NSE Nifty declined 17.30 points or 0.08 percent to 22,200.55.

From the Sensex pack, Tata Motors, JSW Steel, Hindustan Unilever, Asian Paints, HDFC Bank, Nestle, and Titan were the major laggards. On the other hand, NTPC, Mahindra & Mahindra, Bharti Airtel, Power Grid, Larsen & Toubro, and HCL Technologies were among the gainers.

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In the Asian markets, Tokyo ended in positive territory while Shanghai closed lower. Markets in South Korea and Hong Kong remained closed for the holidays. European markets were trading mostly higher. Wall Street closed with gains on Tuesday.

Global oil benchmark Brent crude rose 0.21 percent to $82.55 per barrel. According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 4,065.52 crore on Tuesday. On Tuesday, the BSE benchmark had closed 328.48 points or 0.45 percent higher at 73,104.61. NSE Nifty had risen 113.80 points or 0.51 percent to 22,217.85.

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(With PTI's Inputs)