Mumbai, Dec 28 (IANS) A benchmark index for Indian equities fell 146 points Wednesday, closing in the red for the second straight day, due to selling pressure in realty, metal and banking stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the negative at 15,854.36 points, closed at 15,727.85 points, down 0.92 percent or 146.10 points from its previous close at 15,873.95 points.

The market has closed in the red for the second straight day. The benchmark Sensex had lost 97 points Tuesday.

The 50-scrip S&P CNX Nifty of the National Stock Exchange closed 0.94 percent or 44.70 points down at 4,705.80 points. The Nifty had lost 28.50 points Tuesday.

Broader markets as well as most sectoral indices also closed in the red. The BSE midcap index fell 1.06 percent at 5,137.18 points and the smallcap index closed 1.12 percent lower at 5,586.55 points.

Among the sectoral indices, the BSE metal index slumped by over two percent and the bankex fell 1.98 percent.