BSE Sensex down over 200 points; Infosys, ICICI fall - Reuters India

Tweet Link this Share this Reuters Market Eye - The Sensex and Nifty are down more than 1 percent in trade. Developments in the Korean peninsula and U.S. jobs data due on Friday which will likely signal slowing U.S. growth, are overseas cues being closely watched. Continued... Email Print Track and analyse performance of all BSE sectoral indices and other global indices on a single page.   Full Coverage  Get stock quotes Track BSE Sensex Gold, silver, oil prices Updates on currency markets, exchange rates Set alerts for stocks A trader works at a stock brokerage in Ahmedabad November 26, 2010. Credit: Reuters/Amit Dave/Files Thu Apr 4, 2013 1:16pm IST Reuters Market Eye - The Sensex and Nifty are down more than 1 percent in trade. Developments in the Korean peninsula and U.S. jobs data due on Friday which will likely signal slowing U.S. growth, are overseas cues being closely watched. Continued domestic political uncertainty and worries about early elections after the withdrawal of a key regional ally from the ruling coalition last month are weighing on investor sentiment. Foreign investors were provisional net sellers worth 3.68 billion rupees of stocks on Wednesday, exchange data showed. Indian banks' advances grew at a slower pace in 2012/13 compared with a year earlier, and fell short of the central bank's projection, hurt by lower demand for credit from companies in a slowing economy. ICICI Bank(ICBK.NS) is down 2.17 percent, HDFC Bank (HDBK.NS) is down 0.8 percent while State Bank of India is down 1.8 percent. Technology share also fell tracking weak U.S equities: Infosys (INFY.NS) shares fall 2.65 percent while Tata Consultancy Services (TCS.NS) is 2.63 percent lower at 1:15 p.m. (Reporting by Manoj Dharra) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEYP0smAqQmeEDwft0T5OstGUhdBg&url=http://in.reuters.com/article/2013/04/04/bse-sensex-nifty-icici-hdfc-infosys-idINDEE93302520130404

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