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BSE Sensex falls on weak global cues

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Reuters

Reuters Market Eye - The BSE Sensex falls 0.6 percent while the Nifty is down 0.7 percent. Shares track weak global markets, which fell on growth concerns.

Asian stocks stumbled to seven-month lows.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent.

Blue-chips fall. ICICI Bank falls 1.2 percent, HDFC Bank down 1 percent while Bharti Airtel is trading 2.4 percent lower.

However, technology stocks gain for the second day after Infosys Ltd's earnings on Friday that beat expectations.

Infosys up 1.3 percent while Tata Consultancy Services gains 0.8 percent.

(Reporting by Indulal PM)

 

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First Published: Oct 13 2014 | 10:18 AM IST

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