Don’t miss the latest developments in business and finance.

Sensex drops for sixth session amidst global rout

Image
Reuters
Last Updated : Feb 06 2018 | 4:35 PM IST

(Reuters) - Indian shares fell for a sixth consecutive session on Tuesday, the longest losing streak since September, as the global market rout whacked sentiment, with lingering concerns of a tighter monetary policy ahead of a central bank meeting on Wednesday.

The broader NSE Nifty ended 1.58 percent lower at 10,498.25, while the BSE index fell 1.61 percent to 34,195.94. Both indexes had earlier fallen as much as 3.6 percent.

Tata Motors Ltd shares lost 5.1 percent after the automaker posted a much-weaker-than-expected net profit on Monday.

(Reporting by Vishal Sridhar in Bengaluru; Editing by Amrutha Gayathri)

Also Read

First Published: Feb 06 2018 | 4:25 PM IST

Next Story