Sensex falls as Fed taper ignites foreign investor sales concern

MUMBAI (Reuters) - The BSE Sensex fell on Thursday, marking its seventh losing session out of eight as blue chips such as ICICI Bank fell after the U.S. Federal Reserve announced the start of its tapering, raising concerns about foreign investor sales.

ICICI Bank Ltd provisionally fell 3 percent, while Housing Development Finance Corporation Ltd ended down 2.5 percent.

The benchmark BSE Sensex provisionally fell 0.72 percent and the broader Nifty ended lower 0.76 percent, reversing most gains made on Wednesday after the Reserve Bank of India (RBI) unexpectedly kept interest rate on hold. (Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)