Don’t miss the latest developments in business and finance.

Sensex falls for second day; Sun Pharma, Maruti decline

Image
Reuters MUMBAI
Last Updated : Jun 03 2013 | 3:47 PM IST

MUMBAI (Reuters) - The BSE Sensex fell for a second consecutive session on Monday to its lowest close in nearly a month as Sun Pharma fell on reports of its talks to buy Sweden's Meda AB, while Maruti slumped after its sales declined 14.4 percent in May.

Sun Pharmaceutical Industries Ltd provisionally fell 2.5 percent, while Maruti Suzuki India Ltd ended 2.3 percent lower.

However, Infosys Ltd provisionally gained 4 percent on bets the return of founder and former chairman N.R. Narayana Murthy as executive chairman would improve the company's outlook.

The Sensex provisionally fell 0.69 percent, while the 50-share Nifty ended down 0.78 percent.

(Reporting by Abhishek Vishnoi; Editing by Jijo Jacob)

Also Read

First Published: Jun 03 2013 | 3:38 PM IST

Next Story