Sensex falls for second straight day ahead of F&O expiry, rupee fall weighs
The BSE Sensex, which had lost 272.93 points in the previous session, fell further by 90.26 points, or 0.25% to 35,126.85business Updated: Jun 28, 2018 16:18 IST
Indian shares fell for a second straight day on Thursday as investors turned cautious on the expiry of derivatives contracts, while the rupee hit a record low amid intensifying global trade war.
The broader NSE Nifty ended 0.77% lower at 10,589.10, while the benchmark BSE Sensex closed 0.51% lower at 35,037.64.
Financials dragged the indices down with private lender ICICI Bank Ltd and index heavyweight Housing Development Finance Corp Ltd ending lower by nearly 3% and 1.4%, respectively.
Brent crude was trading at nearly $78 a barrel in Asian trade on Thursday.
Besides, lingering trade war concerns between the US and China accelerated selling on the domestic bourses, they added.
The laggards included NTPC, Coal India, L&T, Hero MotoCorp, ICICI Bank, Power Grid, SBI, Tata Motors, Adani Ports, Asian Paints, HDFC Ltd, Maruti Suzuki, Yes Bank and Bajaj Auto, falling up to 2.48%.
The US Dow Jones ended lower by 0.68% in Wednesday’s trade.
First Published: Jun 28, 2018 10:13 IST