Sensex falls as Fed signals possible June rate hike

REUTERS - Indian shares fell more than 1 percent to post their biggest loss in three weeks on Thursday, tracking weak global markets as caution prevailed about the possibility of an interest rate hike by the U.S. Federal Reserve as early as June.

The Nifty <.NSEI> closed down 1.1 percent at 7,783.40, posting its biggest percentage loss since April 28, while the Sensex <.BSESN> ended down 1.19 percent at 25,399.72.

(Reporting by Aastha Agnihotri in Bengaluru)