BSE Sensex,NSE Nifty fall to 4-month lows ahead of CAD data

The falls are in line with lower Asian shares on the back of weak euro zone data,a sluggish debt auction in Italy and fears of a potential run on Cyprus8217;s banks.

Trading is expected to remain volatile as Thursday marks the expiry of domestic derivatives at the end of the session.

Traders are awaiting October-December current account and balance of payments data due later in the day. The RBI has said CAD will play a factor in monetary policy decisions.

CAD hit a record high of 5.4 percent in the July-September quarter.

Rate-sensitive shares are under pressure: Tata Motors Ltd falls 2.8 percent,ICICI Bank Ltd falls 0.9 percent while Housing Development Finance Corp Ltd is down 1.8 percent.

Titan Industries Ltd shares fall 2.8 percent after 38.78 million shares changed hands at 250.10 rupees in a block deal on the BSE exchange.

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