Sensex falls most in a month as earnings weigh, after results of HDFC Bank and Kotak Mahindra Bank raised concerns over bad loans, while global cues remained muted.
After opening higher, the BSE Sensex slipped into the negative zone on profit-book and touched a low of 27,687.54. Riding on the initial rise, the total market valuation of the BSE-listed companies surged to an all-time high of Rs.107 lakh crore during the day. However, it later pared some of the gains to settle at Rs.1,06,25,058 crore. The Sensex finally settled 205.37 points, or 0.74%, lower at 27,710.52. It had fallen by 604.51 points on 24 June.
