Markets fall to 1-week closing low

The BSE Sensex and Nifty fell on Monday to their lowest close in a week, as profit-taking hit shares of blue-chips such as ICICI Bank for a consecutive session after the record highs of last week.

The broader Nifty lost 0.54 per cent, or 41.75 points, to end at 7,748.70. It hit a record high of 7,840.95 on Friday. The Sensex fell 0.52 per cent, or 135.52 points, to end at 25,991.23, closing below the psychologically important 26,000 level.