The FTSE 100 fell 0.4% to 10,498.53 points on October 7 after three days of gains. Banking stocks led the index lower as rising oil prices and surging bond yields made investors cautious. The midcap FTSE 250 also slipped 0.2% as market uncertainty grew across the major UK stock exchanges today.

Oct 7 - UK's FTSE 100 edged ​lower on Wednesday after three consecutive sessions of gains, weighed ‌down by banking stocks, as rising oil prices and surging bond yields kept investors cautious.

The blue-chip FTSE 100 index (.FTSE), opens new tab fell 0.4% to 10,498.53 points by 0948 GMT, while ​the midcap FTSE 250 (.FTMC), opens new tab slipped 0.2%.

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Reporting by Darshan Kumar and Ragini Mathur in Bengaluru; Editing by Vijay Kishore