Sensex continues fall, Nifty dips to near 7-mth low

The Nifty fell on Friday to its lowest close since the government's "Big Bang" reforms in September had sparked a powerful rally, as concerns that foreign investors would exit some of their holdings continued to hit blue-chips. The broader Nifty ended down 0.39 per cent, or 21.50 points, to 5,553.25, its lowest close since September 13, 2012, the day the government raised diesel prices, which was followed the next day by a slew of reforms including opening up the retail and aviation sectors for foreign investments. The BSE Sensex fell 0.32 per cent, or 59.47 points, to 18,450.23, marking its lowest close since November 20, 2012, falling 2.05 per cent for the week.