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BSE Sensex closes at lowest level this year

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex and Nifty fell nearly 3 percent on Wednesday to their lowest close so far this year, hit by strong selling on algorithmic trading platforms, while continued offloading by foreign investors amid retrospective tax worries also weighed on sentiment.

The benchmark BSE Sensex closed down 2.63 percent at 26,717.37 points, while the broader Nifty fell 2.74 percent to 8,097.

Both the indexes fell to their lowest level since Dec. 17.

(Reporting by Indulal PM; Editing by Prateek Chatterjee)

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First Published: May 06 2015 | 3:51 PM IST

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