The CNX 50-share Nifty continued to fall for the third straight day, slipped by another 61.70 points to close at nearly two-week low at 8,171.20 due to persistent selling pressure from operators ahead of the expiry of futures and options October contract.
Investors preferred to stay away from the market ahead of US job data and US Federal Reserve's meet later in the day, the outcome of which will help the investors to gauge the market.
Shares of Banking, Finance, PSU Banks and Realty sectors dropped due to heavy selling pressure.
The CNX Nifty resumed lower at 8,188.90 and hovered in range of 8,209.10 and 8,131.80 before closing at nearly two- week low at 8,171.20, disclosing a loss of 61.70 pts or 0.75 per cent. The CNX Nifty has dropped by 124.25 points or 1.50 per cent in three days.
About 618 shares advanced, 874 shares declined, and 74 shares were unchanged.
Stock-wise notable losers were, Axis Bank 7.45 percent ICICI Bank 4.41 per cent, Adani Port 3.42 per cent, Yes Bank 3.15 per cent and IndusInd Bank 3.12 per cent.
Among the gainers were, Tech M up by 2.00 per cent, Kotak Bank 1.67 per cent, Cipla 1.66 per cent, Ambuja Cement 1.63 per cent and Bharti Artel 1.60 per cent.
Turnover in the cash segment rose to Rs 18,682.88 crs from Rs 16,899.06 crore yesterday. A total of 8,550.73 lakh shares changed hands in 79,26,688 trades and the market capitalisation of NSE stood at Rs 97,63,318 crs.
