Reuters Market Eye - 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.
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.
Axis Bank falls 2.5 percent, while Tata Motors is down 0.6 percent.
Technology shares fall on caution ahead of Infosys Ltd Oct-Dec earnings on Friday.
Infosys falls 0.7 percent, Tata Consultancy Services is down 0.5 percent, while Wipro drops 1.5 percent.
(Reporting by Abhishek Vishnoi)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app