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Economy

Shares fall to 2-week low as Fed rate hint prompts selloff

MUMBAI (NewsRise) -- Indian shares fell for a fourth straight session Thursday, tracking declines across Asian markets, as the Federal Reserve's indication of a possible rate increase in December drove investors away from risk assets.

     The benchmark BSE Sensex ended 0.75% lower at 26,838.14 points, its lowest level since October 14, while the broader NSE CNX Nifty Index fell 0.73% to 8,111.75 points. The Sensex has declined 2.3% so far this week.

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