BSE Sensex hits 1-1/2 week low; L&T, ICICI Bank fall

Mumbai: The BSE Sensex falls 0.19 per cent to its lowest level since June 5 while the broader Nifty is 0.25 percent lower, heading for their second straight day of declines. Domestic-oriented stocks fall on profit-taking: Larsen & Toubro falls 2 per cent while ICICI Bank  is down 1.1 per cent.

Falls also track weak Asian stocks as crude extended gains and tested nine-month highs on fears the insurgency in Iraq could worsen and affect oil exports. However, Tata Concultancy  Services Ltd gains 1.2 per cent after the company kept its outlook on first-quarter margins and revenue unchanged on Friday.