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Sensex ends lower ITC, HUL hit

SENSEX-NIFTY-ITC-HUL:Sensex ends lower ITC, HUL hit

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Reuters MUMBAI

The Sensex ended lower on Monday due to profit booking in the fast moving consumer goods stocks, led by cigarette maker ITC .

ITC fell 3.4 percent, while Hindustan Unilever ended 1.7 percent lower.

IT stocks were also under pressure after Macquarie downgraded the sector to "underweight" from "overweight", citing demand concerns.

Tata Consultancy Services fell 1.4 percent, while Infosys ended 0.4 percent lower.

The sensex provisionally fell 0.3 percent to 17,383.39 points.

The Nifty fell 0.01 percent to 5,278.60 points.

 

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First Published: Jul 02 2012 | 3:57 PM IST

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