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Sensex falls June inflation data key

SENSEX-FALLS-INFLATION-DATA-KEY:Sensex falls June inflation data key

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Reuters MUMBAI

The Sensex provisionally fell for a third consecutive session on Friday as banks and property stocks fell ahead of inflation data on Monday that could help change expectations about whether the RBI cuts rates later this month.

State Bank of India fell 1.9 percent, while DLF lost 1.6 percent.

Infosys fell 1.8 percent, posting a second losing session after sharply cutting its revenue guidance for fiscal 2013 on Thursday.

The Sensex provisionally fell 0.21 percent to 17,196.36 points. The Nifty lost 0.15 percent to end at 5,227.25 points.

 

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First Published: Jul 13 2012 | 3:45 PM IST

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