Sensex skids for third day, bank stocks fall; Bharti Airtel jumps over 5%

Equity benchmarks nursed losses for the third session on the trot on Wednesday, weighed by banking, energy and auto stocks amid a lacklustre trend overseas.
 
Global markets stayed on the backfoot amid a continuing sell-off in Chinese shares, while investors also remained on the sidelines ahead of the US Federal Reserve's policy decision.
 
After plummeting over 700 points in intra-day trade, the 30-share BSE Sensex clawed back some lost ground to end 135.05 points or 0.26 per cent lower at 52,443.71.
 
Similarly, the broader NSE Nifty slipped 37.05 points or 0.24 per cent to close at 15,709.40.