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Sensex hits 2013 lows; Mahindra & Mahindra, ACC fall

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Reuters Delhi, India
Last Updated : Feb 08 2013 | 4:00 PM IST

MUMBAI (Reuters) - The Sensex fell on Friday for a seventh consecutive session to the lowest close this year as Mahindra & Mahindra as well as cement makers such as Ambuja and ACC retreated after earnings missed estimates.

Mahindra and Mahindra Ltd shares fell 1.3 percent, Ambuja Cements Ltd dropped 5.5 percent, while ACC Ltd lost 3.7 percent.

The Sensex provisionally fell 0.58 percent, falling to its lowest close since December 31, 2012. The seven-session losing streak was the longest since the falls seen in November 2011.

The Nifty ended down 0.59 percent.

(Reporting by Manoj Dharra; Editing by Rafael Nam)

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First Published: Feb 08 2013 | 3:41 PM IST

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