Stock markets ended lower for the third straight session on Tuesday, with the benchmark Sensex losing nearly 314 points amid selling in IT and auto counters, as continued foreign fund outflows weighed on investor sentiment, news agency PTI reported.

In a volatile trade, the 30-share Bombay Stock Exchange (BSE) Sensex declined 313.70 points or 0.37 per cent to close at 84,587.01. Twenty-four of its constituents ended with losses while six advanced. During the session, the index fell 363.98 points or 0.42 per cent to touch an intraday low of 84,536.73.