Indian equity benchmarks Sensex and Nifty closed marginally lower on Wednesday, weighed down by selling pressure in oil & gas, pharma and IT stocks.

Dear Trader… Indian equity markets ended marginally lower on Wednesday amid subdued trading activity, as investors remained cautious ahead of the Christmas holiday. The Sensex slipped 116.14 points (0.14%) to close at 85,408.70, while the Nifty future declined 42.80 points (0.16%) to settle at 26,164.10. Stock-specific action dominated the session.