BSE Sensex Falls More Than 200 Points; Banks Hit
February 21, 2013 7:38 PM EST
The BSE Sensex is down 1.22 percent and the 50-share Nifty slips 1.21 percent, heading towards their biggest single day fall since October 8, 2012.
Domestic shares extend fall, tracking weak regional stocks on market talk of a hedge fund liquidating big global positions in commodities and worries that the U.S. Federal Reserve could wind down its bond-buying programme.
ABB (ABB.NS) shares fall 3.5 percent after the company reported a 74 percent fall in Oct-Dec net profit at 167.7 million rupees.