Nifty falls about 1 per cent to lowest close this year

Mumbai: The Nifty closed at its lowest level this year on Monday as worries about weaker-than-average monsoon and foreign selling continued to hit blue chips such as Housing Development Finance Corp.

The Sensex fell 0.92 per cent to 26,523.09, its lowest close since October 20, 2014. Meanwhile, the broader Nifty fell for a sixth consecutive session, ending down 0.87 percent to 8,044.15, its lowest close since December 17. HDFC fell 2.05 per cent.