Business Standard

Sensex records losses for fourth consecutive day

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Reuters MUMBAI

MUMBAI (Reuters) - Indian shares recorded a fourth straight session of losses on Monday as cigarette maker ITC slumped 7 percent in its biggest fall in nine months on worries about a "sin" tax, while oil producers fell after OPEC left output targets unchanged.

Indexes hit their lowest since Nov. 18, with the broader Nifty ending 0.21 percent lower, while the benchmark Sensex shed 0.42 percent at close.

(Reporting by Karen Rebelo in Mumbai; Editing by Sunil Nair)

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First Published: Dec 07 2015 | 3:53 PM IST

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