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Sensex falls for fourth day; banks extend declines

Source : REUTERS
Last Updated: Thu, Mar 21, 2013 02:51 hrs
BSE Sensex at 2-week closing high, buck global trend

MUMBAI (Reuters) - The BSE Sensex fell for a fourth day to two-week lows on Wednesday on continued worries after the DMK withdrew from the ruling UPA coalition, and lingering doubts about how aggressively the RBI will cut interest rates this year.

Bank shares were among the leading decliners for the day. ICICI Bank Ltd provisionally lost 2.5 percent, while State Bank of India falls 3.9 percent.

The BSE Sensex provisionally fell 0.5 percent to its lowest close since March 4. The Nifty ended down 0.9 percent.

(Reporting by Manoj Dharra; Editing by Rafael Nam)




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