Business Standard

Nifty slumps; posts biggest single-day fall in 2-1/2 months

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Reuters MUMBAI

MUMBAI (Reuters) - The Nifty posted its biggest single-day fall in two-and-a-half months as blue-chips such as ICICI Bank tracked weaker global stocks on disappointment over European manufacturing data and concerns about an unemployment measure in a survey in China.

The benchmark BSE Sensex provisionally closed down 1.58 percent at 26,775.69 points, while the broader Nifty also fell 1.58 percent to 8,017.55.

Shares in ICICI Bank provisionally closed down 2.6 percent.

(Reporting by Indulal PM; Editing by Prateek Chatterjee)

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First Published: Sep 23 2014 | 4:01 PM IST

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