Nifty marks 2-1/2 week low; blue chips slump

MUMBAI (Reuters) - The Nifty index fell on Wednesday to a 2-1/2 week low, retreating for a fourth session from a record high on Friday, as blue-chips geared to the domestic economy such as Larsen & Toubro Ltd (L&T) and ICICI Bank slumped in a bout of profit-taking.

A third consecutive session of sales by foreign investors in index futures on Tuesday also dampened the mood.

L&T provisionally fell 1.8 percent while ICICI Bank was down 1 percent.

The Nifty provisionally lost 0.06 percent after earlier marking its lowest level since April 7, while the benchmark Sensex closed 0.08 percent lower.

($1 = 60.4225 rupees)

 

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)