Sensex falls from one-month high; HDFC Bank down

Reuters Market Eye - The BSE Sensex is down 0.5 percent, while Nifty falls 0.62 percent after closing at their highest in nearly a month on Monday. Losses in HDFC Bank, Reliance Industries and Infosys push markets lower.

Dealers are worried whether a 3-day rally could sustain as foreign investors sold cash shares on Monday as per NSE data, while volumes on the Nifty fell to their lowest since June 19.

Infosys down 1 percent on worries around the immigration bill and its FY14 revenue guidance, dealers say.

Tata Motors falls 1.4 percent after company said in a statement on Monday that its June sales fell 18 pct to 52,708 units.