BSE Sensex falls more than 250 points, ICICI Bank, SBI shares hit

Written by Reuters | Updated: Feb 21 2013, 20:40pm hrs
SensexBSE Sensex extends fall, ICICI Bank, SBI shares hit. (Reuters)
* The BSE Sensex is down 1.22 percent and the 50-share NSE index slips 1.21 percent, heading towards their biggest single day fall since Oct. 8, 2012.

* Domestic shares extend fall, tracking weak regional stocks on market talk of a hedge fund liquidating big global positions in commodities and worries that the U.S. Federal Reserve could wind down its bond-buying programme.

* ICICI Bank shares fall 3.5 percent and State Bank of India falls 1.4 percent after RBI data showed that loan growth continues to remain a concern.

* Reliance Industries shares fall 1.5 percent, retreating after a 3.1 percent surge on Wednesday.

* ABB shares fall 3.5 percent after the company reported a 74 percent fall in Oct-Dec net profit at 167.7 million rupees.