Sensex drops for 2nd day, falls 340 points to end at 7-month low
Indian equity benchmark Sensex fell for the second straight session on Friday, shedding 340 points to close at a seven-month low of 33,349. The broader Nifty 50 Index dropped 95 points to settle at 10,030, dragged by IT and banking stocks. Infosys and Tata Consultancy Services closed down 2.3% and 2.9% respectively while Yes Bank ended 8.9% weaker.