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Sensex logs worst weekly loss in 3 years, falls 1,107.42 pts

Dec 13,Lucknow: In its biggest weekly loss in three years, the BSE benchmark Sensex extended its falling trend for the second consecutive week by plunging 1,107.42 points due to all-round selling pressure in view of declining crude prices and caution ahead of key macroeconomic data.

Shares of refinery, capital goods, realty, metal, power, IT and Teck sectors were the pacesetters in the decline.

Losses in RIL, ONGC and Gail India weighed on benchmark indices following fall in global oil prices.