The markets snapped the two-day rally on Wednesday with Sensex closing 28 points down from the previous close as profit booking set in at the fag end of the trade, amidst weak opening in Europe.

The Sensex, which commenced the day higher, continued to fluctuate between 17,329.68 and 17,142.36 points during the day before ending with a loss of 28.36 points at 17,169.91 points.