Sensex snaps eight-day winning streak; Europe slides on Greece

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Reuters MUMBAI
Last Updated : Jun 24 2015 | 3:48 PM IST

MUMBAI (Reuters) - The BSE Sensex fell on Wednesday, to snap an eight-day winning streak, its longest advance in nearly five months, tracking sharp declines in European shares after Greece said international lenders had rejected its latest proposals.

Greek Prime Minister Alexis Tsipras has attacked the stance of "certain" creditors as "strange" because they rejected proposals presented by Athens to bridge a budget gap, a government official said on Wednesday.

The 30-share BSE Sensex fell 0.47 percent, snapping its longest gaining streak since an eight-session rally to Jan. 27, while the 50-share Nifty closed 0.25 percent lower.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

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First Published: Jun 24 2015 | 3:40 PM IST

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