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The Indian markets on Thursday fell for a consecutive session, led by declines in banking and financial stocks, which have high weight in the benchmark indices. The benchmark BSE Sensex fell 239 points, or 0.74 per cent, to 32,238. State Bank of India, HDFC, ICICI Bank and Axis Bank fell around two per cent each and dragged the Sensex down by 162 points. The broad-based Nifty fell 0.67 per cent to close at 10,014. The Bank Nifty index fell 1.5 per cent.
The slide in banking stocks came a day after the Reserve Bank of India (RBI) policy meeting, where it
