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Nifty falls 2 percent, breaks key 8,000 level

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Reuters MUMBAI
Last Updated : Jun 11 2015 | 3:49 PM IST

MUMBAI (Reuters) - The Nifty fell as much as 2 percent on Thursday as selling by foreign investors continued amid worries that a likely weak monsoon may delay key reforms and further cuts in borrowing costs.

The 50-share index broke its psychologically important 8,000 level during the day for the first time since May 7, while the Sensex lost up to 1.8 percent.

Both the indexes are heading towards their lowest close in nearly eight months.

(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)

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First Published: Jun 11 2015 | 3:29 PM IST

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