BSE Sensex falls 0.7 per cent

Mumbai: The BSE Sensex and Nifty fell on Friday for a third consecutive session to a near 1-1/2 month closing low as blue-chips such as ICICI Bank declined on worries that stocks have gone ahead of underlying anaemic earnings growth. The Sensex closed down 0.73 per cent at 28,261.08 points. It fell 0.85 percent in the week, marking its second consecutive weekly fall. The Nifty ended 0.74 percent lower at 8,570.90 points, falling 0.9 per cent in the week.

Both indexes closed at their lowest levels since Feb. 10, 2015. ICICI Bank closed down 3.5 per cent.