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Nifty falls the most in 2-1/2 weeks on foreign sales, derivatives expiry

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Reuters MUMBAI
Last Updated : Jul 31 2014 | 4:46 PM IST

MUMBAI (Reuters) - The Nifty fell nearly 1 percent on Thursday, marking its biggest single-day fall in nearly 2-1/2 weeks as foreign investors sales and expiry of July derivatives weighed on blue-chips such as Housing Development Finance Corp.

HDFC provisionally fell 2.1 percent while ITC ended down 0.6 percent.

The broader Nifty provisionally lost 0.9 percent, marking its biggest single-day fall since July 11.

The index, however, gained 1.4 percent in July to notch up its third consecutive monthly gain.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

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First Published: Jul 31 2014 | 4:10 PM IST

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