Sensex closes 1 per cent lower amid global selloff

Reuters Mumbai, Maharashtra, India Oct 25, 2018, 04.03 PM(IST)

File photo: Sensex Photograph:( PTI )

Indian shares closed at their lowest in seven months on Thursday, tracking a rout in global equities amid growth concerns, with losses seen across sectors.

Investors were also jittery ahead of the expiry of derivatives contracts.

The broader Nifty ended 0.98 per cent lower at 10,124.9, while the benchmark Sensex closed down 1.01 per cent at 33,690.09.

Housing Development Finance Corporation Ltd was the biggest drag on the Nifty, closing down 2.7 per cent. Reliance Industries dropped 1.4 per cent, while Bharti Airtel slumped 6.4 per cent ahead of its quarterly results.