BSE Sensex closes lower for the third straight day, oil cos’ shares drop

Sensex fell over 72 points to close below the 27,000 mark for the first time in nearly two weeks.

By: Reuters | Mumbai | Updated: September 11, 2014 4:26 pm
Shares in ONGC provisionally fall 3.56 percent to Rs 429.55. (Reuters)

BSE Sensex fell for a third consecutive session on Thursday to hit its lowest level in two weeks as three state-run companies, including Oil & Natural Gas Corp (ONGC), slumped after the government announced it would pare its stakes in them.

The benchmark BSE index closed 0.23 percent lower at 26,995.87 points, while the broader NSE index fell 0.1 percent to 8,085.70.

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Shares in ONGC provisionally fall 3.56 percent to 429.55 rupees.

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