Snapping three-days of gains, the Sensex at the Bombay Stock Exchange closed 120 points or 0.8 per cent lower, at 15,922, after another very volatile day's trading, today. The Nifty at the National Stock Exchange fell 35 points or 0.7 per cent to 4,757. Stock markets in Japan, China, and Hong Kong moved higher. AIR correspondent Pradeep Kumar reports that "Snapping three-days of gains, the Sensex at the Bombay Stock Exchange closed 120 points, or 0.8 per cent lower, at 15,922, yesterday. The Nifty at the National Stock Exchange fell 35 points, or 0.7 percent, to 4,757.The rupee strengthened 17 paisa, to 46.48 against the dollar. Gold rose 100 rupees, to 16,310 rupees per ten grams in Mumbai."