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Sensex falls for a second day; HDFC, ITC decline


The BSE Sensex fell on Friday, marking a second straight day of losses, led by declines in HDFC after Goldman Sachs downgraded the stock to "sell" from "neutral", while ITC fell on fears of a hike in excise duty in the upcoming federal budget.

Housing Development Finance Corporation fell 1.86 per cent, while ITC ended 1.55 percent lower.

The BSE Sensex fell 0.04 per cent, while the 50-share Nifty ended down 0.03 per cent.

Copyright Thomson Reuters 2013

Story first published on: February 22, 2013 15:52 (IST)

Tags: BSE Sensex, Nifty

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