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

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BSE Sensex extends fall, ICICI Bank, SBI shares hit. (Reuters) BSE Sensex extends fall, ICICI Bank, SBI shares hit. (Reuters)
SummaryICICI Bank shares fall 3.5 percent and State Bank of India falls 1.4 percent.

* 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.

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