Sensex, Nifty head towards lowest close in nearly two weeks

Reuters Market Eye - The BSE Sensex and the broader Nifty were trading in the red on Thursday, heading towards their lowest close in nearly two weeks.

The 30-share Sensex fell 0.4 percent while the broader Nifty was down 0.3 percent as of 11:45 a.m.

Sun Pharmaceutical Industries was down 4 percent on reports of surprise U.S. FDA inspection.

Also, overseas investors sold equity futures worth $260.85 million on Wednesday.

Falls were also tracking lower Asian shares on continued Fed worries and after the U.S. President Barack Obama vowed to fight Islamic State militants.

(Reporting by Abhishek Vishnoi)