Sensex falls; Sesa Goa drops

Source : REUTERS
Last Updated: Tue, Sep 11, 2012 05:28 hrs
A trader looks at a screen at a stock brokerage firm in Mumbai

The Sensex falls 0.12 percent, while the Nifty declines 0.24 percent. Asian shares fell on Tuesday as investors repositioned before a court ruling on the euro zone's bailout funds which could remove one risk for Europe, and a Fed meeting that may yield widely expected stimulus measures.

Shares in Sterlite Industries Ltd fell 2.6 percent and Sesa Goa Ltd dropped 5.8 percent after Goa temporarily suspended all mining activities starting on Tuesday.

India's state-run oil marketing companies rose on media reports that a government cabinet panel will meet later in the day to look into a potential hike in fuel prices.

Bharat Petroleum Corp Ltd rose 2 percent, while Hindustan Petroleum Corp Ltd rose 1.7 percent.

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