Sensex is down by 0.4 per cent and Nifty is 0.41 per cent lower
Photo Courtesy: PTI
Mumbai: BSE Sensex is down by 0.4 per cent, while the broader Nifty is 0.41 percent lower, retreating for a third day from record highs hit on Friday. Sentiment weakens as foreign investors sold index futures, worth 11.70 billion Indian rupees over the previous two sessions.
Lenders lead declines given the sector comprises a major portion of index futures: ICICI Bank Ltd is down 1.6 percent, while HDFC Bank Ltd falls 0.9 per cent.
Hindustan Unilever Ltd falls by 1.2 per cent, following disappointment over its January-March sales volume growth. Other consumer stocks also fall, with ITC Ltd down 0.6 per cent.
( Source : reuters )
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