Sensex falls for fifth day on weaker Asia, rate worries

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Reuters
Last Updated : Feb 05 2018 | 4:05 PM IST

(Reuters) - Indian shares fell for a fifth straight session on Monday in line with broader Asia following a U.S. market rout on Friday, while worries remained that the Reserve Bank of India would turn more hawkish at its policy meeting later this week.

The BSE Sensex fell 0.88 percent to 34,757.16, while the broader NSE Nifty lost 0.87 percent to 10,666.55.

Both indexes were down for a fifth straight session, their longest losing streak since September 2017.

(Reporting by Vishal Sridhar in Bengaluru; Editing by Gopakumar Warrier)

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First Published: Feb 05 2018 | 3:50 PM IST

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