BSE Sensex Down Around 300 Points; ICICI, RIL Hit
February 21, 2013 9:01 PM EST
The BSE Sensex and Nifty are down around 1.5 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 3.7 percent after the company reported a 74 percent fall in Oct-Dec net profit at 167.7 million rupees.