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Nifty falls below 6,000 on U.S. stimulus, China worries

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Reuters MUMBAI

MUMBAI (Reuters) - Nifty futures fell more than 2 percent in trade on Thursday as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey has sparked concerns about foreign investor selling. Nifty was below 6,000.

Domestic falls tracked lower Asian shares, with a more than 7 percent fall in Japan's Nikkei share average and a more than 2 percent decline in the MSCI Asia ex-Japan index.

NSE index May 2013 futures were down 1.9 percent as of 1:04 p.m. The Nifty was down 1.6 percent, while the BSE Sensex was down 1.44 percent.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

 

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First Published: May 23 2013 | 1:09 PM IST

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