The NSE Nifty cracked below the 7,100-mark, by falling 47.10 points, or 0.66 per cent, to 7,062.45.
Mumbai: The market closed lower for second consecutive session ahead of Railway Budget and F&O expiry. The Sensex fell 321.25 points or 1.37% to 23088.93 and the Nifty dropped 90.85 points or 1.28% to 7018.70.
More than two shares declined for every share advancing on the Bombay Stock Exchange.
BHEL, NTPC, Tata Motors, Hindalco Industries, HDFC and Vedanta topped selling list on Nifty, down 3-5% while BPCL rallied 4.5% and Power Grid Corp gained 2% followed by Bharti Airtel, M&M, Yes Bank, Bharti Airtel, Reliance Industries, HUL and Axis Bank.
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