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Stocks

Indian market wrap: Shares fall on earnings caution, ITC outperforms

MUMBAI (NewsRise) - Indian shares fell for a fourth consecutive session Monday, as drugmakers and capital goods stocks slipped ahead of their results, erasing an early advance triggered by an earnings-driven rally in cigarette maker ITC.

The benchmark BSE Sensex fell 0.28% to 25,230.36 points. The index rose as much as 0.8% earlier Monday. For the month and year, the Sensex is down 1.5% and 3.4% respectively. The broader NSE Nifty50 index declined 0.24% to 7,731.05 points.

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