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Sensex ends lower ahead of meet on GST bill

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Reuters
Last Updated : Jul 26 2016 | 4:22 PM IST

(Reuters) - Indian shares ended lower on Tuesday after the broader NSE Nifty <.NSEI> hit a one-year high as investors booked profits ahead of a state ministers' meeting to discuss the Goods and Services Tax bill.

The Nifty ended 0.52 percent down at 8590.65, after two consecutive sessions of gains, after touching a year high of 8644.90.

The BSE Sensex <.BSESN> pared early gains and closed 0.42 percent down at 27,976.52.

India's second-largest drugmaker Dr Reddy's Laboratories Ltd was the biggest percentage loser on the Nifty after its June-quarter profit slumped 75 percent.

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(Reporting by Arnab Paul in Bengaluru; Editing by Gopakumar Warrier)

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First Published: Jul 26 2016 | 4:09 PM IST

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