Sensex, Nifty continue dip, tumble nearly 1%

Benchmark indices, Sensex and Nifty, ended nearly 1% lower on Wednesday, tracking a weak trend in global markets and continuous foreign fund outflows.

Benchmark indices ended nearly 1 per cent lower on Wednesday, tracking a weak trend in global markets and continuous foreign fund outflows.

The 30-share BSE Sensex fell 509.24 points or 0.89 per cent to settle at 56,598.28. During the day, it tanked 621.85 points or 1.08 per cent to 56,485.67.

Similarly, the broader NSE Nifty declined 148.80 points or 0.87 per cent to end at 16,858.60.