MUMBAI:Stock markets extended their 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. The 30-share index settled at 85,107 points.It opened lower and dropped further by 375 points to hit a low of 84,763 due to profit-taking. Gains in IT and blue-chip ICICI Bank and HDFC Bank, however, helped the barometer pare some losses in the pre-close session.The 50-share NSE Nifty skidded 46 points to 25,986. After a flat start, Nifty drifted gradually lower in early trade and then remained range-bound for most of the session.Among sensex firms, Bharat Electronics fell the most by 2%. Mahindra & Mahindra, Titan, NTPC, State Bank of India, Adani Ports, Tata Motors Passenger Vehicles and Bajaj Finserv were also among the major laggards.
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