Business Standard

BSE Sensex fall on S&P report snap winning run

SENSEX-INDIA-SP-RUPEE:BSE Sensex fall on S&P report snap winning run

Reuters  |  MUMBAI  

  • ALSO READ

    Good start for Malik, Ti-Chen but seeded Vilardo falls

    S&P: new report explains risks to India's credit rating

    BEML chief suspended by Def Min to ensure fair CBI probe

    Markets end lower on S&P warning

    India could be 1st BRIC to lose investment grade: S&P

The fell, snapping five days of gains, after S&P said the country could become the first among the BRIC economies to lose its investment-grade status, in an update to its previous decision to cut the country's ratings outlook.

Falls in the index were led by declines in Reliance Industries , which fell 1 percent, and Larsen & Toubro which lost 2 percent.

The main 30-share BSE index provisionally fell 0.3 percent to 16,668.01 points after earlier rising as much as 1 percent.

The broader 50-share Nifty fell 0.3 percent to 5,054.10 points

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

BSE Sensex fall on S&P report snap winning run

SENSEX-INDIA-SP-RUPEE:BSE Sensex fall on S&P report snap winning run

The BSE Sensex fell, snapping five days of gains, after S&P said the country could become the first among the BRIC economies to lose its investment-grade status, in an update to its previous decision to cut the country's ratings outlook.

The fell, snapping five days of gains, after S&P said the country could become the first among the BRIC economies to lose its investment-grade status, in an update to its previous decision to cut the country's ratings outlook.

Falls in the index were led by declines in Reliance Industries , which fell 1 percent, and Larsen & Toubro which lost 2 percent.

The main 30-share BSE index provisionally fell 0.3 percent to 16,668.01 points after earlier rising as much as 1 percent.

The broader 50-share Nifty fell 0.3 percent to 5,054.10 points

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

image