Sensex edges lower, Hindustan Unilever falls

SENSEX-IIP-TECH-MAHINDRA-TCS-INFOSYS:Sensex edges lower Hindustan Unilever falls

The Sensex fell for a fourth consecutive session on Wednesday as Hindustan Unilever was hit by worries it will face higher royalty payments. Non-banking financials rose after the government reached an agreement with the opposition over a banking amendment bill seen benefitting the sector.

Hindustan Unilever fell 3 percent, but L&T Finance Holdings gained 5 percent, while Reliance Capital added 3.8 percent.

The Sensex provisionally fell 0.25 percent, while the Nifty fell 0.18 percent.