MUMBAI, Dec 24 (Reuters): The BSE Sensex and Nifty fell over 1 per cent to mark a second consecutive session of declines on Thursday after blue-chips such as Housing Development Finance Corp tracked falls in Chinese stocks and the expiry of monthly derivatives contracts.
China's Shanghai Composite Index lost 1.9 per cent, to 2,973.76, dropping below 3,000 - a key support level - for the first time since December 17, and raising concerns of further falls.
The falls were accentuated in the second half of the session on redemption pressure at an Indian arbitrage fund that forced it to sell shares.
The benchmark BSE Sensex closed 1.08 per cent lower while the broader Nifty lost 1.12 per cent, marking their biggest daily fall in over a week.
Sensex, Nifty fall over 1pc
FE Team | Published: December 25, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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