Sensex falls 0.3 pct early, Unitech drops

Published on Thu, Feb 16, 2012 at 09:32 |  Source : Reuters

Updated at Thu, Feb 16, 2012 at 11:28  

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Sensex falls 0.3 pct early, Unitech drops

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NEW DELHI (Reuters) - The BSE Sensex fell 0.3 percent early on Thursday, led by losses in Reliance Industries and ICICI Bank.

Unitech Ltd fell 4.4 percent after its telecoms joint venture partner Norway's Telenor said it would seek indemnity and compensation from Unitech following a court order to cancel permits including those held by the joint venture.

At 9:17 a.m. (0347 GMT), the main 30-share BSE stock index <.BSESN> was down 0.32 percent at 18,143.35, with 21 of its components falling.

The 50-share NSE index <.NSEI> was down 0.33 percent at 5,513.50.

(Reporting by Devidutta Tripathy; Editing by Ranjit Gangadharan)

  

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