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Sensex falls over 180 points, Nifty closes below 11,400
Kotak Bank was the biggest drag with a drop of 3.62 percent, followed by Vedanta.
New Delhi: The key Indian equity market indices on Thursday closed lower amidst widening trade deficit that rose to more-than-five-year high of $18.02 billion in July and rupee touching a fresh new low of 70.30 against the dollar.
The BSE Sensex declined 188.44 points or 0.5 percent to 37,663.56 while the broader NSE Nifty fell 50.05 points 0.44 percent to 11,385.05.
Markets were shut on Wednesday for the Independence Day celebrations.
Kotak Bank was the biggest drag with a drop of 3.62 percent, followed by Vedanta.
Meanwhile, foreign institutional investors (FIIs) offloaded shares worth a net of Rs 378.84 crore, while domestic institutional investors (DIIs) bought shares worth Rs 391.47 crore on Tuesday, provisional data showed.
Weak leads from other Asian bourses following Turkey's currency crisis and fears of an economic slowdown in China affected sentiment on Dalal Street, PTI said.