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Sensex skids 140 points, Nifty ends below 11,500 after testing 11,394 intraday; Yes Bank up 3%, HUL down 2%

Indian stock markets Sensex and Nifty closed lower on Wednesday tracking the negative global cues with Sensex falling 140 points and Nifty finishing below 11,500 after India’s August services sector activity fell from the 21-month high. BSE Sensex touched a day’s bottom at 37,774.42, down 383.50 points and Nifty hit a day’s low at 11,393.85, down 126.45 points. The seasonally adjusted Nikkei India Services Business Activity