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BSE Sensex snaps winning streak; autos, L&T hit

Source : REUTERS
Last Updated: Wed, Apr 03, 2013 18:34 hrs
A man walks past the BSE building in Mumbai

The BSE Sensex snapped a four-day winning streak on Wednesday to post its biggest falls in two weeks as auto shares such as Tata Motors were hit by weak March sales, while recent outperformers such as Larsen & Toubro retreated.

Continued political uncertainty and worries about early elections also weighed on market sentiment, dealers said.

Tata Motors Ltd shares fell 3.6 percent, while Larsen & Toubro Ltd shares fell 2.7 percent after adding 4.3 percent in the previous four sessions.

The BSE Sensex provisionally fell 1.4 percent, posting its biggest daily percentage fall since March 19 and erasing a good chunk of its 1.9 percent gain over the past four previous trading sessions

The Nifty ended down 1.31 percent.




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