Benchmark domestic share markets today closed with modest losses. The Sensex hit one-week closing low. The Nifty hit lowest level in one and half month. The Sensex at Bombay Stock Exchange, fell 287 points or 0.84 per cent to settle at 34,011. Similarly, the Nifty 50 index dropped 93 points or 0.88% at 10,452.Jump in India's trade deficit in January this year weighed on sentiment. A rise in global crude oil prices off late has also hit the market sentiment. India imports majority of its crude oil requirements and a surge in crude prices will add to the country's fiscal deficit. Among secondary indices, the BSE Mid-Cap index fell 1.2 per cent and the Small-Cap index dropped 1.22 per cent. Both these indices underperformed the Sensex.The breadth, indicating the overall health of the market, was quite weak. In BSE, 2,095 shares declined and 709 shares advanced. A total of 114 shares were unchanged. The Sensex slumped 340 points or one per cent at the day's low of 33,957. The index gained 210 points or 0.61% at the day's high of 34,508. The Nifty gained 67 points or 0.64 per cent at the day's high of 10,613. It dropped 111 points or 1.06 per cent at the day's low of 10,434.Among the sectoral indices on BSE, Auto index ended down with 1.65 per cent, Metal index (down 1.58%), Telecom index (fell 1.51%), Realty index (lost 1.44%), Capital Goods index (down 1.33%), Industrials index ended in red down 1.31%), Consumer Discretionary Goods & Services index (down 1.3%), Basic Materials index (lost 1.23%), Energy index (down 1.23%), Oil & Gas index (fell 1.19%) and Bankex was down with 1.17 per cent. These all underperformed the Sensex.While Consumer Durables, Power, FMCG, Healthcare, Teck and the IT index were also down but outperformed the Sensex. Shares of PSU banks extended their previous two days losses. Bank of Baroda plunges 4.12 per cent, State Bank of India (down 2.55%), Syndicate Bank lost 2.77%, Dena Bank (down 2.72%), Indian Bank (fell 2.49%), Union Bank of India lost 1.5%, Bank of India (down 2.44%), and Central Bank of India declined 2.61 per cent. Punjab National Bank lost 2.1% extending recent big losses triggered by the bank detecting around 772 million dollar fraud at a single branch in Mumbai. Among private sector banks, Kotak Mahindra Bank was up 1.14%, Federal Bank 1.59%, HDFC Bank 0.01%. However, IndusInd Bank dropped 1.62%, ICICI Bank 2.31% and Axis Bank fell 1.1 percent.