Nifty falls for a second day on profit taking, derivative sales

Image
Reuters MUMBAI
Last Updated : Sep 05 2014 | 3:45 PM IST

MUMBAI (Reuters) - The Nifty fell for a second consecutive session on Friday as profit-taking continued in blue-chip stocks such as ICICI Bank after record highs hit earlier in the week, while foreign investor sales in equity derivatives also weighed.

ICICI Bank provisionally fell 1.6 percent while Housing Development Finance Corp ended 2.1 percent lower.

The benchmark BSE Sensex provisionally closed 0.22 percent lower, while the broader Nifty lost 0.11 percent.

(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Sep 05 2014 | 3:38 PM IST

Next Story