February 5, 2018 / 7:15 AM / 4 months ago

Sensex falls for fifth day on weaker Asia, rate worries

(Reuters) - Indian shares fell for a fifth straight session on Monday in line with broader Asia following a U.S. market rout on Friday, while worries remained that the Reserve Bank of India would turn more hawkish at its policy meeting later this week.

Brokers react while trading during the presentation of the federal budget at a stock brokerage firm in Mumbai, February 1, 2018. REUTERS/Shailesh Andrade

The BSE Sensex fell 0.88 percent to 34,757.16, while the broader NSE Nifty lost 0.87 percent to 10,666.55.

Both indexes were down for a fifth straight session, their longest losing streak since September 2017.

Reporting by Vishal Sridhar in Bengaluru; Editing by Gopakumar Warrier

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