BSE Sensex Extends Retreat; Foreign Investors Sell
January 7, 2014 5:55 PM EST
The BSE Sensex is down 0.4 percent, while the Nifty falls 0.45 percent, extending their retreat in 2014 for a fifth consecutive day.
An employee walks out of the Bombay Stock Exchange (BSE) building in Mumbai August 22, 2013.
Shares of blue chips fall after overseas investors sold 3.96 billion rupees worth of index futures on Monday, adding to Friday's selling of 6.08 billion rupees, exchange data shows.
Overseas investors also sold cash shares worth 3.19 billion rupees on Monday. They sold 1.39 billion rupees of shares in the previous session, regulatory and exchange data shows.
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