Sensex slips in late sell-off; RBI policy eyed1 min read . Updated: 28 Sep 2015, 04:09 PM IST
Sensex and Nifty, which were trading only marginally lower earlier in the session, mark their lowest close since 11 September
Mumbai: India’s stock markets ended nearly 1% lower on Monday in a late sell-off sparked by wobbly European markets and caution a day ahead of the Reserve Bank of India’s (RBI’s) policy meet.
The benchmark BSE Sensex ended 0.95%, or 246.66 points, lower at 25,616.84, while the Nifty fell 0.93%, or 72.80 points, slipping below the key 7,800 mark. Both indices were trading only marginally lower earlier in the session but marked their lowest close since 11 September.
Investors were also spooked by Europe, where stocks fell on fresh fears over miner Glencore’s ability to withstand a metals price slump and an end to deal talks between Vodafone and Liberty Global.