Sensex, Nifty down over global cues

Reuters Mumbai, Maharashtra, India Feb 28, 2018, 11.38 AM(IST)

Bombay Stock Exchange Photograph:( Zee News Network )

The Sensex and Nifty fell for a second straight session on Wednesday with financials leading the decline, as fears of faster interest rate hikes in the United States hurt investor risk appetite.

The Nifty closed below 10,500 for the seventh time in nine sessions, ending 0.58 per cent lower at 10,492.85.

The Sensex closed down 0.47 per cent at 34,184.04.

Investors now await October-December gross domestic product data due later in the day for clues about the domestic economy.