Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,836.48
    -40.57 (-0.52%)
     

  • Bitcoin USD

    64,768.29
    +2,407.68 (+3.86%)
     

  • CMC Crypto 200

    1,333.65
    +21.03 (+1.63%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Gold

    2,391.00
    -7.00 (-0.29%)
     

  • Crude Oil

    82.20
    -0.53 (-0.64%)
     

  • 10-Yr Bond

    4.6040
    -0.0430 (-0.93%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Nifty, Sensex fall more than 1 percent amid liquidity concerns

Reuters
A guard walks past the NSE (National Stock Exchange) building in Mumbai, India, February 9, 2018. REUTERS/Danish Siddiqui (Reuters)

(Reuters) - Indian shares ended more than one percent lower on Wednesday, dragged by financial stocks such as Indiabulls Housing Finance Ltd and Yes Bank Ltd amid liquidity concerns.

The benchmark BSE Sensex closed 1.09 percent lower at 34,779.58 while the broader NSE Nifty ended 1.24 percent weaker at 10,453.05. Indian markets have been facing a liquidity crunch owing to a depreciating rupee and higher oil prices.

Indiabulls Housing ended 14.3 percent lower and was the top percentage loser on the Nifty.

Reliance Industries Ltd dropped 1.1 percent ahead of the company's September quarter earnings due later in the day.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)