Sensex falls; ITC slumps most in about 10 months | business | Hindustan Times
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Sensex falls; ITC slumps most in about 10 months

The BSE Sensex edged down on Monday to close at its lowest in nearly 2-1/2 weeks as index heavyweight ITC slumped on tax hike worries.

business Updated: Jun 23, 2014 16:34 IST
People-walk-past-a-billboard-outside-Bombay-Stock-Exchange-HT-Photo-Anshuman-Poyrekar
People-walk-past-a-billboard-outside-Bombay-Stock-Exchange-HT-Photo-Anshuman-Poyrekar

The BSE Sensex edged down on Monday to close at its lowest in nearly 2-1/2 weeks as index heavyweight ITC slumped on tax hike worries.

ITC provisionally fell 5.4%, marking its biggest single day fall since September 2013, while Kotak Mahindra Bank ended 4% down.

The benchmark BSE Sensex provisionally closed 0.3% lower, while the broader Nifty lost 0.24%, falling for a fourth consecutive session to mark their lowest close since June 5.