Nifty posts biggest daily fall in nearly four months

Reuters Market Eye - The Nifty posted its biggest daily fall in nearly four months, declining for a third session in four, as Infosys slumped after its president resigned, while profit-taking continued to hit shares from record highs earlier this month.

The Sensex provisionally closed 1.31 percent lower at 24,234.15, while the broader Nifty ended 1.14 percent down at 7,246.20.

Shares of Infosys Ltd provisionally ended 7.94 percent lower.