Sensex falls for sixth day

The Sensex fell today to its lowest close in one-and-a-half months, led by a decline in banking stocks, after government estimates showed FY13 growth could be worse than expected, while drugmaker Cipla Ltd dropped after its October-December net profit missed estimates. The Sensex fell 0.3 per cent, or 59.40 points, to end at 19,580.32, falling for a sixth day to mark its biggest losing streak since November 21, 2011. The broader Nifty fell 0.34 per cent, or 20.40 points, to end at 5,938.80.