BSE Sensex falls 255 points; Cipla slumps

MUMBAI (Reuters) - The BSE Sensex fell 1.3 percent on Thursday to post its second-biggest drop this month as Cipla and Coal India slumped following disappointing earnings, while other blue chips tracked their lower global counterparts.

Cipla Ltd slumped nearly 8 percent, while Coal India fell 3.5 percent.

The Sensex fell 1.3 percent to 20,193.35, posting its biggest one-day fall since February 3. The index gained 0.6 percent over the previous two sessions.

The Nifty fell 1.4 percent after gaining 0.5 percent over the previous two sessions.

(Reporting by Indulal PM; Editing by Subhranshu Sahu)