MUMBAI The BSE Sensex dropped more than 1 percent on Monday, as global risk assets sold off after elections in Greece and France fuelled questions on their austerity policies.
The weaker rupee and uncertainty in a day when the Finance Bill containing the controversial provisions is set to be introduced to the parliament also weighed.
The main BSE index fell 1.5 percent to 16,588.32 points, while the Nifty fell 1.5 percent to 5,009.90 points.
(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
Trending On Reuters
India's top energy explorer Oil and Natural Gas Corp said on Thursday it expects current-quarter profit to be boosted by an interim rule change on discounts offered by upstream oil companies to state retailers. Full Article