Nifty posts biggest daily fall in nearly four months

Sensex slows down by 1.31 per cent and Nifty is down by 1.14 per cent

Update: 2014-05-29 16:25 GMT

Mumbai: The Nifty posted its biggest daily fall in nearly four months, declining for a third session in four, as Infosys slumped after its president resigned, while profit-taking continued to hit shares from record highs earlier this month.

The Sensex provisionally closed 1.31 per cent lower The Nifty posted its biggest daily fall in nearly four months, declining for a third session in four, as Infosys slumped after its president resigned, while profit-taking continued to hit shares from record highs earlier this month. The Sensex provisionally closed 1.31 percent lower at 24,234.15, while the broader Nifty ended 1.14 per cent down at 7,246.20.

Shares of Infosys Ltd provisionally ended 7.94 per cent lower, while the broader Nifty ended 1.14 per cent down at 7,246.20.

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