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Sensex falls to almost two-month low on high consumer inflation

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex and the Nifty for a second successive session on Wednesday as lenders such as Axis Bank extended recent losses after high retail inflation in May was seen shutting the door on a rate cut next week.

Axis Bank Ltd provisionally fell 3.3 percent while Housing Development Finance Corporation Ltd closed down 1.35 percent.

The BSE Sensex provisionally ended 0.46 percent, or 87.75 points, lower at 19055.25.

The broader Nifty lost 0.49 pct percent, or 28.60 points, to end at 5760.20. (Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)

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First Published: Jun 12 2013 | 3:52 PM IST

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