Sensex closes near 1-week low after 0.7% decline
India’s BSE Sensex fell further to close about 0.7% lower at 76,934 on Thursday, its lowest since August 19. Selling pressure intensified in the final session and weighed on nearly all sectors, including HDFC Bank.
India’s BSE Sensex fell further to close about 0.7% down at 76,934 on Thursday, the lowest since August 19, extending losses from the prior day and lagging its Asian peers.
Selling pressure intensified in the final session, weighing on nearly all sectors.
Heavyweight HDFC Bank was among the biggest drags, dropping 2.1%, following reports of a US class-action lawsuit and continued uncertainty around CEO Sashidhar Jagdishan's tenure.