Sensex falls on fears of Fed tapering stimulus

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Reuters MUMBAI
Last Updated : Aug 07 2013 | 4:58 PM IST

MUMBAI (Reuters) - The BSE Sensex ended lower for the second day on Wednesday after comments by a U.S. Fed representative stoked fears the central bank could start tapering its stimulus from the next month.

The Sensex provisionally ended down 0.46 percent, while the Nifty fell 0.53 percent.

Drugmaker Lupin fell 7.26 percent after sales growth for the April-June quarter fell to single-digit for the first time in over a year.

(Reporting by Himank Sharma; Editing by Anupama Dwivedi)

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First Published: Aug 07 2013 | 4:44 PM IST

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