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Sensex falls to two-week low; IT hit by 'U.S. cliff' fears

Source : REUTERS
Last Updated: Thu, Nov 15, 2012 11:02 hrs
Workers pull a hand-cart in front of the Bombay Stock Exchange (BSE) building in Mumbai

India's benchmark index fell for a fifth consecutive session on Thursday to a two-week low as concerns about protracted negotiations to avoid a U.S. "fiscal cliff" hit software services exporters such as Tata Consultancy Services and Infosys .

The BSE Sensex provisionally fell 0.79 percent, or 147.50 points, to 18,471.37 points, marking its lowest close since Oct. 30.

The NSE Nifty lost 0.63 percent, or 35.95 points, to 5,631 points.

TCS fell 2.4 percent, while Infosys fell 1.8 percent.


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