Sensex falls over 400 points as foreign buying slows
MUMBAI
(Reuters) - The BSE Sensex fell nearly 2 percent on Thursday as blue-chip shares slumped for a second consecutive day on worries the pace of foreign investor buying is slowing down.
Foreign institutional investors (FIIs) bought shares worth 800 million rupees on Wednesday compared with more than 10 billion rupees each on Monday and Tuesday.
Among blue chips, ITC Ltd (ITC.NS) fell 2.4 percent, while Housing Development Finance Corporation Ltd (HDFC.NS) dropped 3.2 percent.
The broader Nifty slumped 2.02 percent, marking its biggest single-day fall since September 23, while the benchmark BSE Sensex fell 1.97 percent.
(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)
(Reuters) - The BSE Sensex fell nearly 2 percent on Thursday as blue-chip shares slumped for a second consecutive day on worries the pace of foreign investor buying is slowing down.
Foreign institutional investors (FIIs) bought shares worth 800 million rupees on Wednesday compared with more than 10 billion rupees each on Monday and Tuesday.
Among blue chips, ITC Ltd (ITC.NS) fell 2.4 percent, while Housing Development Finance Corporation Ltd (HDFC.NS) dropped 3.2 percent.
The broader Nifty slumped 2.02 percent, marking its biggest single-day fall since September 23, while the benchmark BSE Sensex fell 1.97 percent.
(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)
