Sensex falls 491 points on monsoon, trade woes; Nifty ends below 11,700

Benchmark indices end at one-month lows, fall for fourth straight session

The benchmark indices ended at one-month lows on Monday, as delayed monsoon and trade tensions between the US and India dampened investor sentiment. Falling for a fourth day, the Sensex ended at 38,960, down 491 points, or 1.25 per cent. The 50-share Nifty closed at 11,672, down 151 points, or 1.3 per cent - the most since June 3. Both indices ended at their lowest levels since May 23.

The late arrival of the monsoon has slowed crop sowing, stoking fears of a negative impact on the economy. The average rainfall in the first half of June is deficient by over