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Nifty snaps five-session winning streak; HUL slumps

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Reuters MUMBAI
Last Updated : Oct 27 2014 | 3:56 PM IST

MUMBAI (Reuters) - The Nifty fell on Monday, retreating from a more than one-month high earlier in the session to snap a five-session gaining streak, as investors booked profits and Hindustan Unilever forecast a softer demand environment in the near term.

Shares of companies facing regulatory probes also continued to slump, with DLF ending down 8.3 percent.

Hindustan Unilever provisionally lost 5.7 percent.

The Sensex provisionally closed 0.37 percent lower, while the Nifty lost 0.32 percent after earlier marking its highest intraday level since Sept. 23.

(Reporting by Abhishek Vishnoi; Editing by Biju Dwarakanath)

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First Published: Oct 27 2014 | 3:41 PM IST

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