Sensex hits four-month low; political uncertainty weighs

Last Updated: Mon, Mar 25, 2013 10:29 hrs

Indian shares fell for a seventh consecutive session on Monday to their lowest close in four months as blue chips such as ICICI Bank were hit by worries other allies would remove support from the ruling coalition after the DMK party withdrew last week.

ICICI Bank Ltd provisionally fell 1.3 percent, while cigarette maker ITC Ltd ended 1 percent lower.

The BSE Sensex provisionally fell 0.29 percent to its lowest close since Nov. 26, continuing to reel after Dravida Munnetra Kazhagam (DMK) withdrew from the ruling coalition last week.

The 50-share NSE Nifty provisionally ended down 0.31 percent.

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