Sensex was trading 423.88 points or 0.56 per cent down at 75….

Sensex was trading 423.88 points or 0.56 per cent down at 75,515.33 while the Nifty declined 126.45 points or0.55 per cent at 22,802.80. Foreign institutional investors (FIIs) extended their selling streak for the eighth consecutive session, offloading equities worth Rs 4,294.69 crore on February 14. In contrast, domestic institutional investors remained net buyers, purchasingequities worth £4,363.87 crore on the same day. Any decisive breakdown below the 22800-22700 zone (lower band) could trigger fresh room for 22500-22400 in the near period, potentially a decline of nearly 15 percent from the all-time high, experts say. In the last trading session Dow Jones declined 0.37 per cent to close at 44,546.08. The S&P 500 declined 0,01 per cent. to 6,114.63 and the Nasdaq climbed 0.41 per centto 20,026.77.

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