Sensex falls 175 points; blue chips decline on Fed worries

MUMBAI (Reuters) - The BSE Sensex fell for a fifth consecutive session on Monday to a near one-month low after better-than-expected U.S. jobs data revived concerns the Federal Reserve would start tapering its monetary stimulus as early as this year.

Blue chips were among the worst hit, with Larsen and Toubro Ltd falling 3.2 percent, while Reliance Industries Ltd ended 1.4 percent lower.

The benchmark BSE Sensex fell 0.85 percent while the broader Nifty ended down 1 percent, marking their lowest close since October 17.

(Reporting by Abhishek Vishnoi; Editing by Anand Basu)