Benchmark indices Sensex and Nifty fell for the fourth session in a row to hit their over six-month low levels, dragged by IT and pharma stocks as concerns over rupee fall, global trade war tiff and geo-political tensions resurfaced.
The BSE index ended 287.15 points lower at 33,847.23 — the weakest closing since April 10, when the 30-share gauge had settled at 33,880.25. Similarly, the NSE Nifty dropped 98.45 points to end at 10,146.80 — its lowest closing since April 4.
Meanwhile, the rupee depreciated to 73.82 against the US dollar, which too had a negative influence.