Sensex falls over 100 points amid emerging market woes

Reuters Market Eye - The BSE Sensex is down 125 points while the Nifty slides 32 points, after both indexes earlier fell to their lowest since October 9 and below their respective 200 day moving averages for the first time since then.

Disappointing U.S. manufacturing data is seen exacerbating concerns in a market already worried by U.S. Fed's decision to taper asset purchases.

Index heavyweights Tata Consultancy Services is down 2.3 percent and Infosys Ltd falls 1.5 percent on concerns about weakness in core U.S. market.

Other blue chips including ICICI Bank Ltd falls 0.06 percent, HDFC Bank Ltd is down 0.08 percent and ONGC Ltd sheds 0.11 percent.

 

(Reporting by Himank Sharma)